Employee State Insurance Corporation is regulated by The Employee State Insurance Act 1948. The department comes under the Ministry of Labour & Employment, Government of India. Employee State Insurance Corporation (ESIC) is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit, disablement benefit and various other benefits such as funeral expenses, free supply of physical aids, etc. to the employees and their family. The contribution towards ESIC is from the part of both employer and employee at a percentage of 6%. The employee's contribution rate is 1.75% of the wages and that of employer's is 4.75% of the wages paid every month. The threshold limit for mandatory workers is Rs. 21,000 per month.

1. 1. Whole Medical Care Is Provided To An Insured Person And His Family Member From The Day He Enters Into The Scheme.
2. 2. The Department Is Serving Sickness Benefits In The Form Of Cash Compensation And Providing Maternity Benefits.
3. 3. The Benefit Is Provided To The Nominee Appointed Also. Ample Benefits Have Been Provided To A Worker Under The Scheme.

The establishment who is having 10 or more employees has to mandatorily register their firm, company, or any entity under the Act. The amount so contributed will go to the separate account of the employee. Each member who is eligible and whose contribution will be deducted every month will be allotted IP Number (Insured Pension Number).

Compliance: TThe establishment so register under the Act will have to submit the returns every month and the Last date to file theESIC return is the 15th day of every following month. Non-filling result in the issuance of inspection notice.