by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Meaning of ESIC Code Suspension ESIC code is a unique number allotted to each registered establishment. Suspension means temporary deactivation of this code by the authority. It halts the employer’s ability to remit contributions. The suspension affects access to...
by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Understanding ESIC Remittance ESIC remittance refers to the monthly payment of employer and employee contributions. Tracking ensures that contributions are paid accurately and on time. Both employer and employee can verify the remittance records. Proper remittance...
by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Latest ESIC Contribution Rates The current contribution rate is 4.00% of gross wages. Employer contributes 3.25% and employee contributes 0.75%. This rate has been effective since June 1, 2019. The rate applies uniformly across all eligible establishments. No change...
by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Employee-related records Employee declaration forms (Form 1) filled during registration under ESIC. Photocopies of Aadhaar, PAN, and address proofs submitted at the time of joining. e-Pehchan cards or IP numbers issued to employees. Joining letters, appointment...
by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Purpose of the ESIC wage register The ESIC wage register is a mandatory record maintained by employers to track the wages paid to employees and the ESIC contributions deducted and deposited. It serves as evidence of wage computation, employee eligibility, and...
