Employee State Insurance Corporation
ESI is acronym for Employee State Insurance which is managed by the Employee State Insurance Corporation which is an independent body developed by the law under the Ministry of Labour and Employment, Government of India. Any employer having more than 10 employees who have a maximum salary of Rs. 21000/- has to mandatorily list itself with the ESIC.
For all the employees falling under this scheme, employer has to contribute 3.25% and employee has to contribute 0.75% of his salary. Employees registered under this scheme enjoy a wide range of benefits like medical treatment for themselves and their families. Medical treatment also includes surgical and obstetric treatment, supply of all medicines, ambulance services , super speciality consultation etc. at ESI hospitals and other medical centres in India. We at helpurstartup.in helps you for registering with ESIC.