Businesses employing more than ten employees at any time during the year are required to get an Employee State Insurance Registration within 15 days of attaining the strength. Any delay in registration will attract heavy penalties. The definition of Employees includes both contractual and permanent employees.
Why Register for Employee State Insurance (ESI)?
Employees State Insurance Scheme is a social security benefit scheme implemented by the government in order to secure the socio-economic interests of the employees. In today’s world where every business is striving to get the best workforce, it’s important to have such employee benefit schemes to let them know that the business cares for the