The Employee State Insurance Act, 1948
The objective of the act is to secure sickness, maternity and medical benefits to employees of factories and establishments and dependents benefits to the dependents of such employees.
The Act is applicable to the factories employing 10 or more persons irrespective of whether power is used in the process of manufacturing or not.
All Establishment covered under the Shops & Establishment Act employing 20 or more.
Every employee drawing Salary/wages up to Rs. 15000.00 per month are covered under the provisions under the Act.
Employee State Insurance Corporation (ESIC) is deducted on gross salary which is 1.75% from the employee contribution & 4.75% from the employer contribution.
There are two contribution periods each of 6 months durations and two corresponding benefit periods also of 6 months duration as under.
|Contribution Period||Corresponding Period|
|1st April to 30th September||1st January to 30th June of the following year|
|1st October to 31st March||1st July to 31st December of the following year|
The ESI Act contains adequate provisions to persons for violating its provisions. Different punishment have been prescribed for different types of offences
Labour Law Consultancy
- The Shop and Establishment Act, 1948
- The Labour Welfare Fund Act, 1953
- The Employees Provident Fund and MP Act, 1952
- The Employee State Insurance Act, 1948
- The Profession Tax Act
- The Payment of Gratuity Act, 1972
- The Payment of Bonus Act, 1965
- The Maternity Benefits Act, 1961
- The Minimum Wages Act, 1948
- The Payment of Wages Act, 1936
- The Equal Remuneration Act, 1976
- The Contract Labour (Regulation and Abolition) Act, 1970
- The Apprentices Act, 1961