ESI Checklist

Employees' State Insurance Act
Sr. No.	Particulars	Details
1	Applicability	1. the Act is applicable to non-seasonal factories employing 10 or more persons.
		2.the Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatres, road-motor transport undertakings and newspaper establishments employing 20* or more persons.
		3.the Scheme has been extended to Private Medical and Educational institutions employing 20* or more persons in certain States/UTs.
2	Wage limit for coverage of employees	The existing wage limit for coverage under the Act is Rs. 15,000/- per month ( w.e.f. 01/05/2010).
3	Rate of contribution	1. Employer's Contribution=4.75%
		2. Employees' Contribution=1.75%
4	Period of Contribution	1. 1st April to 30th Sept.
		2. 1st Oct. to 31st March
5	Cash benefit period	1.  1st January of the following year to 30th June.
		2.  1st July to 31st December of the year following
6	Registers	1. Register of employees to be maintained in Form no. 6
		2 Accident Book in Form 11
7	Return	1. Filing of return in form no. 5
		2. Contribution shall be made within 21 days of end of the month in which it becomes due

Checklist for The Payment of Bonus Act, 1965

Sr. No.	Particulars	Details
1	Applicability	The Act applies to:
		a. Every factory (as defined in Factories Act), and
		b. Every other establishment in which 20 or more person are employed on any day during accounting year.
		c. Special provisions with respect to certain establishments are provided.
		d. Once the Act applies, it shall continue to be governed, notwithstanding the number of persons employed falls below 10 or 20 as the case may be.
2	Eligible Employee	1. Employees (other than apprentice) who have worked for not less than 30 days in that Accounting year.
		2.Employees drawing salary/wages exceeding Rs. 10,000 are not employees.
3	Percentage of payment of bonus	1. Subject to provisions: minimum bonus shall be 8.33% of the salary/wages earned by the employees or Rs. 100 whichever is higher.
		2.If allocable surplus, as computed under the Act, exceeds the amount of minimum bonus, then bonus shall be payable at rate subject to a maximum 20% of salary/wages earned during the accounting year.
4	Register	1.Register of payment of bonus and set on and set off of bonus shall be prepared
5	Forms	1. Yearly return in Form D providing details of bonus paid to employees during the year