by Audit Analyst | Jan 3, 2026 | Employees State Insurance Corporation
Coverage under the ESIC Act Yes, ESIC is applicable to contract workers if they meet the eligibility conditions. The Employees’ State Insurance Act, 1948, does not exclude contract workers. If they are employed in premises covered under the Act, they must be...
by Audit Analyst | Jan 2, 2026 | Employees State Insurance Corporation
Assess eligibility for branch registration Determine if the new branch employs 10 or more workers, or if it’s part of a covered organization. Branches in different states or with separate operations may require individual sub-code registration. Confirm that the...
by Audit Analyst | Jan 2, 2026 | Employees State Insurance Corporation
Monthly contribution payment deadline The due date for depositing ESIC contributions is the 15th of the following month. Contributions must be paid for both employer and employee shares. Payments made after the deadline attract interest and penalties. Timely payment...
by Audit Analyst | Jan 2, 2026 | Employees State Insurance Corporation
Maintain accurate employee records Keep an updated list of all eligible employees with ESIC coverage. Record joining dates, wages, and insurance numbers correctly. Verify dependents and nominee details for each employee. Update employee exits or changes in wages...
by Audit Analyst | Jan 2, 2026 | Employees State Insurance Corporation
Definition and purpose ESIC compliance refers to the employer’s legal responsibility to adhere to the provisions of the Employees’ State Insurance Act, 1948. It ensures that eligible employees are covered under the ESIC scheme. The goal is to provide social security...