PF & ESI REGISTRATION
EPF – EMPLOYEES’ PROVIDENT FUND Employees’ Provident Fund: A retirement savings scheme in India with monthly contributions from employee and employer, payable as a lump sum at retirement.EPS – EMPLOYEES’ PENSION SCHEMEA government-run pension scheme linked to the EPF, providing monthly pension after retirement based on employee’s salary and service period.
Documents required
- Proprietor documentsAddress proof, such as utility bills, rental agreements, or property ownership documents
- Partnership firm documentsPartnership deed, ID proof of partners, list of all partners with telephone number and address proof, and initial bill raised by the partnership firm
- Employee documentsRecord of monthly employee strength, register of salary and wages, all vouchers, all balance sheets, date of joining of employees, fathers name and date of birth, salary and PF statement, cross canceled cheque
DOCUMENTS REQUIRED FOR COMPANY
- The benefits of registering for the Employees’ Provident Fund (EPF) and the Employees’ State Insurance (ESI) include: Medical care
The ESI scheme provides full medical care to registered employees and their families. There is no limit to the amount that can be spent on treatment.
Financial assistanceEmployees receive financial assistance to compensate for lost wages if they are absent from work due to illness, maternity, or accidents.
Sickness benefitsEmployees receive sickness benefits at 70% of their wages for up to 91 days in a year for certified illnesses.
Maternity benefitsEmployees receive maternity benefits for three months, which can be extended by one month on medical advice.
Dependents’ benefitIf an insured employee dies due to an employment injury, their family receives a dependents’ benefit.
Funeral expensesA family member or other person who incurs funeral expenses can receive up to Rs. 10,000
Time Period
- Get Registration Done in Just 2-3 Days