ESI/PF Registration !

Employees’ State Insurance Scheme of India is a multi-dimensional Social Security Scheme tailored to provide Socio-economic protection to the 'employees' in the organized sector against the events of sickness, maternity, disablement and death due to employment injury and to provide medical care to the insured employees and their families. This scheme is applicable to all the factories and other establishment as defined under ESI Act 1948, having 10 or more persons.

List of other Establishments

  • Shops
  • Hotels or restaurants not having any manufacturing activity, but only engaged in 'sales'.
  • Cinemas including preview theaters;
  • Road Motor Transport Establishments;
  • Newspaper establishments.(that is not covered as factory under Sec.2(12));
  • Private Educational Institutions (those run by individuals, trustees, societies or other organizations
  • Medical Institutions (including Corporate, Joint Sector, trust, charitable, and private ownership hospitals, nursing homes, diagnostic centers, pathological labs)

Rate of Contribution (Reduced with the effect of 01-07-2019)

Particulars Rate
  • Employer Share
  • 3.25%
  • Employee Share
  • 0.75%

Coverage of Employees

This scheme is applicable to all the employees whose wage is of Rs. 21000 or less.

Documents Required:

  • Copy of pan of company/partnership/proprietorship firm/ LLP/ trust /society
  • Copy of Certificate of Incorporation of Company or LLP / Registration certificate of Society/ Trust or Partnership deed of partnership
  • Copy of Bank Statement having clear image of bank name, branch, ISFC Code, and Account Number
  • Copy of all licenses issued in the name of establishment if any
  • A cancelled cheque with the name of establishment
  • Copy of electricity Bill having clear image of the name and address
  • Copy of Registered rent/ lease agreement. If the premise owned by Establishment, then the copy of property tax receipt or any other documents for establishing the ownership.
  • Copy of pan and voter id of directors/partners/ proprietor/trustee/ members.
  • Copy of Board Resolution (in specified format)
  • List of all employees employed directly by the company or by the contractor with the following information

If any employee is already registered under ESIC:

  • Employee Insurance Number
  • Date of Appointment

If employee is not registered with ESIC

  • Name of employee
  • Name of employee’s father/husband
  • Date of Birth
  • Address
  • Date of appointment
  • Bank Account Details (Account number, Branch name, bank name, ifsc code etc.) with the bank statement
  • Phone Number and email id
  • Details of nominees (name, address, mobile no, email id, relationship details etc.)
  • Details of the previous employer
  • Employer code no.
  • Employer Insurance no.
  • Name of employer
  • Address of employer
  • Contact no of employer

The Employees' Provident Fund (EPF)- External website that opens in a new window is one of the most beneficial and popular investment scheme for the salaried persons in India. The EPF is one of the main platforms of savings for all employees working in Government, Public or Private sector Organizations. It came into existence with the promulgation of the Employees' Provident Funds Ordinance on the 15th November, 1951. It was replaced by the Employees' Provident Funds Act, 1952. It is now referred as the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 which extends to the whole of Indian except Jammu and Kashmir. The Employees' Provident Funds Bill was introduced in the Parliament as Bill Number 15 of the year 1952 as a Bill to provide for the institution of provident funds for employees in factories and other establishments. Since its enactment in 1952, the Act has been amended 15 times till now

Applicability

The PF account benefits are extended to all the establishments which employ 20 or more persons.

Objective

Provident fund is created with a purpose of providing financial security and stability to employees. A person starts his contribution in the PF fund once he joins a company as an employee. The contributions are made on a regular basis. The primary purpose of PF fund is to help employees save a fraction of their salary every month so that he can use the same in an event that the employee is temporarily or no longer fit to work or at retirement.

Name CONTRIBUTION ACCOUNTS(EPF) CONTRIBUTION ACCOUNTS(EPS) CONTRIBUTION ACCOUNTS(EDLI) ADMINISTRATION ACCOUNTS (EPF) ADMINISTRATION ACCOUNTS (EDLI) Total
  • EMPLOYEE
  • 12
  • 0
  • 0
  • 0
  • 0
  • 12
  • EMPLOYER
  • 3.67
  • 8.33
  • 0.5
  • 0.50 OR Rs. 500 (higher)
  • 0.00
  • 13
  • TOTAL
  • 15.67
  • 8.33
  • 0.5
  • 0.50
  • 0.00
  • 25

Coverage of Employees

This scheme is applicable to all the employees whose salary (basic +allowances) is of Rs. 15000 or less.

Documents Required:

Following Documents required for Employees’ State Insurance Corporation (ESI) Registration

  • Copy of pan of company/partnership/proprietorship firm/ LLP/ trust /society
  • Copy of Certificate of Incorporation of Company or LLP / Registration certificate of Society/ Trust or Partnership deed of partnership
  • Copy of Bank Statement having clear image of bank name, branch, ISFC Code, and Account Number
  • Copy of all licenses issued in the name of establishment if any
  • A cancelled cheque with the name of establishment
  • Copy of electricity Bill having clear image of the name and address
  • Copy of Registered rent/ lease agreement. If the premise owned by Establishment, then the copy of property tax receipt or any other documents for establishing the ownership.
  • Copy of pan and voter id of directors/partners/ proprietor/trustee/ members.
  • Copy of Board Resolution (in specified format)
  • List of all employees employed directly by the company or by the contractor with the following information

If any employee is already registered under PF:

  • Employee Insurance Number
  • Date of Appointment

If employee is not registered with Provident Fund

  • Name of employee
  • Name of employee’s father/husband
  • Date of Birth
  • Address
  • Date of appointment
  • Bank Account Details (Account number, Branch name, bank name, ifsc code etc.) with the bank statement
  • Phone Number and email id
  • Details of nominees (name, address, mobile no, email id, relationship details etc.)
  • Details of the previous employer
  • Employer code no.
  • Employer Insurance no.
  • Name of employer
  • Address of employer
  • Contact no of employer

Pricing Tables

ESI /PF Registration and Compliance

Silver
  • ESI & PF Registration
  • Appointment Letters of Employees
  • Pay Roll Master Software
  • Human Resource Planning
  • ESI and PF Return Filing
  • TDS Compliance
  • TDS Return -24Q
  • TDS Certificate
Rs.59999.00all inclusive fees upto 40 employees

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Diamond
  • ESI & PF Registration
  • Appointment Letters of Employees
  • Pay Roll Master Software
  • Human Resource Planning
  • ESI and PF Return Filing
  • TDS Compliance
  • TDS Return -24Q
  • TDS Certificate
  • Attendance Software
  • Gratuity Computation
  • Employee Incentive Policy
Rs.179999.00all inclusive fees upto 140 employees

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