Applicability
- Every specified factory or establishment in which 20 or more persons are employed.
- Social insurance for the employees.
Coverage of employees
- Employees drawing gross wages upto Rs.21, 000/- per month, engaged either directly or through contractor.
Rate of Contribution of the wages
- Employers’ 4.75%
- Employees’ 1.75%
Benefits to the employees under the Act
- Medical, sickness, extended sickness for certain diseases, enhanced sickness, dependents maternity, besides funeral expenses, rehabilitation allowance, medical benefit to insured person and his or her spouse.
Documents Required
- Company / LLP/Firm Details
- Shop & Commercial Establishment License.