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PF and ESIC Registration Online

Stay relaxed about getting insured under PF and ESI Act without any complications. Consult our Expert!

Online PF and ESIC Registration in India I Simple and Quick Process

With the help of EPF and ESIC expert from Laudable Legal Solutions register EPF and ESIC online & avail various benefits from Govt. of India.

 

EPF and ESIC Registration

Out of all the schemes and laws, the EPF and ESIC are the most sought after. In both the schemes a predefined percentage is deducted from employee’s salary and proportionate amount is added to it by employer and then aggregate amount is deposited to the account of concerned employee.

Laudable Legal Solutions helps you with the process of PF registration and ESI registration and in the management of EPF and ESIC accounts.  We also help with timely deposits of the funds in the EPF and ESIC accounts and keeping it up to date with the recent amendments in the law regulating it.

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EPF and ESIC Registration

Consult with EPF and ESIC Expert | Quick Process | 100% Data Privacy

EPF Registration


The Employees’ Provident Fund (EPF) is a savings scheme introduced under Employees’ Provident Fund and Miscellaneous Act, 1952. It is managed by the central board of trustees consisting of the government, employer and employees; it is assisted by The Employees’ Provident Fund Organization. EPFO works under the direct jurisdiction of the government and is managed through the Ministry of Labour and Employment.

EPF is commonly known as PF in India and is a scheme through which a portion of employee’s income is set aside for use during any emergency or post-retirement. The employer and employees deposit a certain percentage towards PF every month. The percentage of money to be deducted from the employee’s salary and percentage to be contributed by the employer is predefined under EPF Act.

PF registration for Employer is compulsory if


  • He owns a factory having 20 or more people, or
  • Any other organization / foundation with 20 or more employees or
  • The class of such organizations whom the Central Government may, by notice would specify for compulsory EPF employer registration.
  • Liability to deduct and deposit EPF arises for all employees with wages of less than INR 15,000 per month,

Documents Required



PAN Card of Proprietor/Partner/Director
Aadhar Card of Proprietor/Partner/Director
Electricity Bill
Shop and Establishment/ GST Certificate/ Factory License
Cancelled Cheque/Bank Statement of Entity
DSC of Proprietor/Partner/Director

Important Points relating to Provident Fund


  • PF Return: Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.
  • PF Payment: Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. For most entities, the PF rate of 12% would be applicable.
  • UAN: The Employee Provident Fund has launched the Unified Portal to streamline and simplify all aspects of provident fund for both employers and employees. Employees who have the newly allotted UAN can use the Unified Portal for various services.

Due Date for Filing PF Returns


  • The due date for Monthly Challan remittance to Bank for PF is 15th of Every Month.
  • The due date for Monthly PF returns is 25th of Every Month.
  • The due date for yearly returns is 30th April every year.

Choose Package

PF/ESIC Registration

2499

each

  • PF/ESIC Registration
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PF/ESIC Return - Basic

99

Per Employee

  • 20 to 100 employees
  • Dedicated Accountant
  • Phone, chat & email support
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PF/ESIC Return - Premium

129

Per Employee

  • 100+ employees
  • Dedicated Accountant
  • Phone, chat & email support
Request Callback

How do we help you….!

At Laudable Legal Solutions our skilled professionals regularly watch for any amendments in the ESIC and EPF acts and accordingly guide our client base that necessary course of action is required to be taken. Our skilled professionals help you with the following:-

We help in step by step assistance in the registration process of EPF and ESIC.
1
We notify recent amendments and update the EPF and ESIC fund promptly.
2
We provide professional help in solving your query.
3
We manage the work required after registration.
4
We assist in filing ESI and EPF returns in time.
5
Timely update the PF and ESIC accounts within due dates. Delay in payment of EPF or ESIC contribution may result in interest and penalty.
6

Benefits of ESIC Scheme


ESIC Scheme ensures various benefits to registered employees and their dependents. List of benefits is as follows:

  • Medical Benefits: Reasonable medical care, comprehensive medical care & clinical investigation for insured people and his family members.
  • Medical Care: Medical facility within ESI Medical institutions to insured person and his spouse 
  • Sickness Benefits and enhanced sickness and extended sickness benefits.
  • Disability Benefits: Payment is made to the employee as long as disability continues.
  • Dependent Benefits: Amount is paid to the dependents of the Insured person who dies as a result of employment injury.
  • Maternity Benefits: Paid maternity leaves are given for 26 weeks. 6 Weeks are given in case of miscarriage.
  • Funeral Benefits: One time payment made for the funeral of an insured person.
  • Unemployment Allowance under Rajiv Gandhi Sharmik Kalyan Yojna’(RGSKY)
  • Vocational Rehabilitation Allowance

Important Points Relating to ESIC registration


The finance of ESI scheme comes from both employees and employers. Every month, 4% of the ESI contribution will be deposited to the ESIC fund. The employers are required to contribute 3.25% and employees give 0.75% of their payable wage.

So, 4% of the total contribution is as below:

Employers Employee
3.25% 0.75%

Benefits of EPF scheme


There are many benefits of registering to the EPF scheme, some of these are:-

  • Amount deposited in EPF Account is a savings that can be withdrawn at any time for any purpose such as Education, Marriage, Medical emergency or same can be obtained post retirement.
  • If you withdraw the PF amount and interest on its maturity or after 5 years of completion of continuous employment, then its entire amount will be exempted from any Income tax liability.
  • If the employee leaves the organisation then he/she can withdraw 75% of the balance lying in EPF account on completion of one month of continuous unemployment. Balance 25%can be withdrawn post continuous employment period of 60 days.
  • Unlike before, EPF accounts are created and maintained completely online and The employees can have access to their EPF funds anywhere in the world with universal account number.
  • In case of death of the employee the nominee will get the PF amount and interest accumulated over the period.

Penalty for delay in PF payment by employer


Delay in payment of PF by employer having PF registration will attract penalty as follows

Period of Delay Rate of Penalty (p.a.)
Upto 2 months 5%
2 - 4 months 10%
4 - 6 months 15%
Above 6 months 25%

ESIC


ESIC stands for Employee State Insurance Corporation is an autonomous body created by law and is  under the control of the Ministry of Labour and Employment, Government of India. It regulates the ESI scheme as per ESI Act of 1948.

Get online experts’ assistance from Laudable Legal Solutions, Our Expert will help you with the hassle free registration process of ESIC and in completing further compliances within time to avoid penal consequences.

ESIC Registration for an Employer is Compulsory


  • All organisations listed under Factories Act and Shops and Establishments Act.
  • Factories and establishments with 10 or more employees have to register themselves under ESI schemes.
  • Employees earning wages not exceeding INR 21000/- per month will be covered to check requirements of ESIC registration.

ESIC Returns Filing & Due Date


Organizations having ESIC Registration are obliged to do standard ESIC return filing within specific dates. The scheduled procedures are:

ESIC filling interval Due date
Half Yearly April-September: 11th November
Annually 31st January

Due Date of ESIC Contribution: ESIC Contribution amount to be deposited before 15th of the month following the month in which deductions are made

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