ESI Return Filing
ESI return filing is a mandatory compliance for businesses registered under the Employee State Insurance Act. It involves submitting employee contributions and related details to the ESIC. Timely and accurate filing ensures legal compliance and access to medical and cash benefits for employees.
Expert Help for ESI Return Filing
Filing ESI returns is mandatory for employers registered under the Employees' State Insurance (ESI) scheme. It ensures employees get medical and social security benefits. Easy My Tax offers expert assistance to help businesses file accurate and timely ESI returns, so you stay compliant and avoid penalties.
What is the ESI Scheme?
The Employees’ State Insurance (ESI) scheme is a government-backed social security program. It offers medical, maternity, and disability benefits to employees. Both employer and employee contribute to the ESI fund—4% of the employee's monthly gross salary (employer contributes 3.25% and employee contributes 0.75%).
Who Needs to Register for ESI?
Any business with 10 or more employees must register under ESI within 15 days of becoming eligible. This registration ensures all eligible employees are covered under the scheme.
ESI Return Filing – What You Need to Know
After registering, employers must file ESI returns every six months and also pay monthly contributions. Returns include employee details, salary, and total contributions made.
ESI Return Filing Due Dates
- Monthly Contributions: By the 15th of the next month
- Half-Yearly Returns:
- For April to September: File by 11th November
- For October to March: File by 12th May
- Annual Return: File by 31st January of the following year
Even if there are no active employees, businesses should file a "nil return".
Documents Required for ESI Return Filing
- Employee attendance register
- Salary and wage register
- Form 6 (register of employees)
- Accident register (if applicable)
- Monthly challans for ESI
- Cancelled company cheque
- Company PAN card
- Inspection book
What Happens If You Don’t File on Time?
Failure to pay or file ESI returns can lead to serious penalties:
- Interest of 12% per year for delayed payments
- Penalties based on delay period:
- Less than 2 months: 5%
- 2 to 4 months: 10%
- 4 to 6 months: 15%
- More than 6 months: 25%
- In extreme cases, imprisonment up to 2 years and fines up to Rs. 5,000
How to File ESI Returns
- Register on the ESIC portal and get your 17-digit employer code
- Login using your credentials
- Enroll employees and update their details
- Download the return form from the portal
- Check contributions and salary details
- Fix errors, if any
- Submit the return online
- Save the acknowledgment for your records
How Easy My Tax Helps with ESI Filing
- We collect all required documents
- Our experts prepare your return accurately
- We file the return on your behalf with the ESIC
- We ensure all returns are filed on time and in full compliance
Easy My Tax makes ESI return filing simple, reliable, and stress-free for your business. Reach out to us today to stay compliant and focus on growing your business.
