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The Tax Publishers Employees State Insurance--Compliance by a Company ESIC Compliance for Newly Incorporated Companies: Whether Mandatory Pragya Lalwani Every new company is required to mandatorily get registered under ESIC through AGILE PRO Form during its incorporation. Learned Author in this write up discusses the ESIC related compliances that has to be done by every newly incorporated company. 1. Background 'ESIC' stands for Employee's State Insurance Corporation, a body created by law under the Ministry of Labour and Employment, Government of India on promulgation of Employees' State Insurance Act, 1948 [In short, 'ESI Act']. It is the first major social security legislation for Indian workers. Under the ESI Scheme, the workers are provided with various benefits viz., medical, sickness, maternity, disablement, etc. Both employee and employer contribute under such scheme. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Employees State Insurance--Compliance by a Company

ESIC Compliance for Newly Incorporated Companies: Whether Mandatory

Pragya Lalwani

Every new company is required to mandatorily get registered under ESIC through AGILE PRO Form during its incorporation. Learned Author in this write up discusses the ESIC related compliances that has to be done by every newly incorporated company.

1. Background

'ESIC' stands for Employee's State Insurance Corporation, a body created by law under the Ministry of Labour and Employment, Government of India on promulgation of Employees' State Insurance Act, 1948 [In short, 'ESI Act']. It is the first major social security legislation for Indian workers. Under the ESI Scheme, the workers are provided with various benefits viz., medical, sickness, maternity, disablement, etc. Both employee and employer contribute under such scheme.