Best ESIC Consultant in Ahmedabad

 Top ESIC Consultant in Ahmedabad

State Insurance for Employees (ESI)
 The whole cost of medical leave coverage is covered by the employee's state insurance. The Employees State Insurance Act of 1948 established ESI, a self-governing and self-financed social security program, with the goal of safeguarding the interests of workers. Pro Legal HR Outsourcing Companies the Best PF ESIC Consultant in Ahmedabad.
 Employees of a company with more than 10 workers are shielded from financial hardship under the ESI program in the event of illness, disability, or fatal work-related injury.

Relevance

Every person making less than Rs. 21,000 who works for a company employing more than 10 people who have worked in non-seasonal manufacturing is eligible for ESI. However, depending on the state in where the business or organization is located, the number of employees ranges from 10 to 20.


Rate of Contribution
Currently, the employer's share of the ESI contribution rate is 3.25% of the employee's pay, while the employee's share is 0.75%. This rate is withheld from the employee's pay and must be paid on a monthly basis. Employees who make an average of up to Rs. 176 per day are not required to contribute to ESI.


Date of Due
Every month, the 15th of the subsequent month is the deadline for ESI contributions. Every year on May 11 and November 11, the employer is also obliged to file a half-yearly return.


Penalties
The employee will be subject to a monthly interest rate of 12% annually if they fail to comply with the criteria of the ESI program. A fine of up to Rs. 5,000 or two years in jail are other possible outcomes.


Expert Tax
Depending on their income, professionals, traders, and workers are subject to professional tax. Professional taxation is a type of direct taxation that is levied on persons who get their income from commerce, employment, or professional endeavors. Pro Legal HR Outsourcing Companies the Best PF ESIC Consultant in Ahmedabad.

Location: 1004-A, Mahalaya Complex, Opp. Hotel President Swastik Cross Road, Chimanlal Girdharlal Rd, Vasant Vihar, Navrangpura, Ahmedabad, Gujarat 380009, India

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