ESI Return Filing

What is ESI return?

ESI registered businesses have to file ESI returns on monthly basis. It is governed under the ESI Act, 1948; ESIC (Employees’ State Insurance Corporation) which provides benefits to employees in the event of their sickness, death, disablement, injury, etc.

Who are eligible for ESIC?

All employees are covered whose monthly income (excluding overtime, bonus, leave encashment) is less than Rs. 21,000 per month, are eligible to avail benefits under the Scheme. But employees earning daily average wage up to Rs. 176 are exempted from ESIC contribution

When can we file ESIC Return?

The ESIC Return is filed every month which means the ESIC return is required to file on or before the 15th of Every Month

Can we withdraw the ESI amount?

No, one cannot withdraw an ESI amount but we can avail of the benefits of ESI. One can take medical facilities through the ESIC card. There is no provision of withdrawal of contributed ESI money in India.

How can I file an ESI return?

ESI Return contributions have to be filed within 42 days of termination of the contribution period. Payment of contribution shall be made within 15 days of the last day of a calendar month. These returns must be filed monthly i.e., For Apr-Sep, Oct-Mar – required to file on or before 11th May and 11th Nov respectively.