The ESIC Act is a comprehensive social security scheme that provides medical and cash benefits to employees in case of sickness, maternity, disability, or death. It aims to protect the interests of workers and their families by providing them with necessary healthcare facilities and financial assistance. Kaizen Consultancy is an ESIC Consultant in Mumbai, Thane, near areas of Mumbai
The Employees' State Insurance Act, 1948 (ESIC Act) applies to the following enterprises:
Criteria | Applicability |
Number of Employees | Establishments employing 10 or more persons |
Wage Limit | Employees drawing wages up to ₹21,000 per month |
Industry Sectors | Specific industries like factories, establishments, shops, and commercial establishments |
Exemptions | Certain establishments may be exempted based on specific criteria |
The ESIC Act is a comprehensive social security scheme that provides medical and cash benefits to employees in case of sickness, maternity, disability, or death. It aims to protect the interests of workers and their families by providing them with necessary healthcare facilities and financial assistance.
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The key aspects of the ESIC Act include:
Failure to comply with the ESIC Act can result in various penalties, including:
The ESIC Act is a comprehensive social security scheme that provides medical and cash benefits to employees in case of sickness, maternity, disability, or death. It is important because it ensures the well-being of workers and their families by providing necessary healthcare facilities and financial assistance.
Employers and employees in establishments employing 10 or more persons, with employees earning wages up to ₹21,000 per month, are required to contribute to the ESIC fund.
Insured employees and their dependents are entitled to receive medical care and treatment, including hospitalization, through a network of ESIC hospitals and dispensaries.
Insured employees can receive cash benefits in case of sickness, maternity, temporary or permanent disablement, or death.
Engaging an ESIC consultant in Mumbai, like Kaizen Consultancy Services, can benefit your enterprise in the following ways:
At Kaizen Consultancy Services, we pride ourselves on being the leading ESIC consultant in Mumbai, PF Consultant in Mumbai offering the following advantages:
If you're an enterprise in Mumbai looking to ensure compliance with the ESIC Act, optimize your ESIC contributions, and provide your employees with comprehensive healthcare and financial benefits, contact the expert team at Kaizen Consultancy Services ESIC Consultant in Mumbai. Call us at +91-97731-50167 to schedule a consultation and learn how we can assist your business.