Title: All you need to know about Provident Fund and Employee State Insurance.
1REGISTRATIONS UNDER PF AND ESIC ACT
2the finesse and
- The ProEx team has in-depth
vividness of the art and science of consulting.
Our extensive expertise and Business Acumen
accelerates the growth of our clients in the
industry experience and a broad spectrum of
technical skill sets that
to leveraging and proven
are vital practices delivery
best global Our
fields of Finance, Management, Information
Technology, and Marketing. Our goal is to guide
our clients to steer ahead of the
methodologies.
members include individuals with top-notch
professional qualification
holder such as Chartered Company
as the name Professional
competition and, suggests, achieve Excellence.
Accountancy,
Secretaries, Tech Enciphers, Cyber Experts,
Visuals Artists and many more.
3- ProEx develops robust strategies to help clients
transform their Performance in line with their
business goals while optimizing their
investments. - Our aim is to enhance your business
capabilities and profitability through best
- for improvement. ProEx believes that optimizing
performance at every possible juncture is
imperative to maximize the growth potential of
an enterprise. - Having been associated with various
organizations, we possess the requisite exposure
to cater industry Best Practices".
resources by flexibility and
available Professional increasing their
sustainability.
our own proprietary methodologies for identifica
tion of
- Our Management Consultants help organizations
evaluate their performance, primarily through
the analysis of existing organizational issues,
and develop plans
problems, and to serve as the basis for
recommendations for more effective and efficient
ways of carrying out tasks.
4PROVIDENT FUND
- Provident fund is controlled under the purview of
the Employees Provident Fund Organization (EPFO)
which is one of the worlds largest social
security organizations in terms of the clientele
and the volume of the financial transactions
undertaken - Companies which have the strength of 20 employees
or more should register themselves according to
the Employees Provident Funds and Miscellaneous
Provisions Act, 1952. - On a voluntary basis, organizations with less
than 20 employees can also contribute towards
the EPF. The employer and the employee each
contribute 12 of the employees basic salary
towards the EPF.
5ESIC
- Employee State Insurance is a self-financing
social security scheme and health insurance plan
for Indian workers, offering medical and
disablement benefits. Governed by the ESI Act,
1948. - All establishments/units/factories with over 10
employees (earning less than Rs. 15,000 per
month) are required to mandatorily apply for the
ESI registration within 15 days of the ESI Act,
1948 becoming applicable to them. - According to the Act, any employee earning less
than Rs. 15,000 per month needs to - contribute 0.75 of his/her pay towards the ESI,
while 3.25 will be contributed - towards his/her ESI by the company. The ESI
scheme provides tremendous benefits to the
employees, and has a large network of
dispensaries, and hospitals throughout the
country.
6DOCUMENTS REQUIRED FOR REGISTRATION
- Contact no. of Director and authorised
- Representative
- Govt. Registration Certificate
- Office Tel. No. Office Email ID
- Scan copy of Blank Cancelled Cheque
- DSC of Authorised Employer
- Consent Letter of Employer Major
- Employees
- Company Pan Card
- Directors Pan Card
- Directors Aadhar Card
- Premises Proof (Rented/Owned)
- Companys Vera/Elec./Tel. Bill/Bank Statement
- If rented PAN, Aadhar, Mobile no. of
- Owner
- Authority Letter for Acting as consultants
- Board Resolution for Authorised Signatory
7PROCEDURE FOR EPF REGISTRATION FOR EMPLOYERS
- Step 1 Registering the organization with EPFO
- Step 2 Reading and understanding of User Manual
- Step 3 Registering a Digital Signature
Certificate (DSC) - Step 4 Filling the details of the employer
- Step 5 Filling the details correctly
8PROCEDURE FOR ESIC REGISTRATION FOR EMPLOYERS
- Step 1 Once the documents are ready, the company
can apply for registration by submitting the
Employers Registration Form (Form-1). - Step 2 A PDF format of the form is available on
the website. Fill in the form and submit it to
ESIC for registration on the official website. - Step 3 Once verified, a registration number, a
17-digit unique identity will be provided to the
organization. The ESI filings can be done once
you receive the 17-digit number. - Step 4 Employees registered under the scheme get
an ESI card after submitting a form with
photographs and details of family members. - Step 5 Although the registration is permanent,
and the number is valid for the lifetime of the
company, any new changes, such as employee
additions, need to be intimated to the ESI.
9DOCUMENTS MUST BE MAINTAINED FOR FILING EPF AND
ESI RETURNS.
- Attendance register
- Register for Form 6
- Register for Bonus
- Register of wages
- Register of any accidents on the premises
- Inspection book
- Monthly challans and returns submitted for ESI
and EPF
10COMPLAINCES
- We provide comprehensive support and services for
all your compliance needs - Our expert will be your advisors and consultants
for PF and ESIC registration and help get the PF
number in 5 to 10 business days (not factoring
processing time). - On the very first consultation, you will get a
gist of our PF process. When we work on your
behalf, we ensure that the PF application is
submitted for the organization in the prescribed
format without any errors. We pledge easy working
at the most economical prices. - We make your interaction with government as
smooth as is possible by doing all the paperwork
for you. We will also give you absolute clarity
on the process to set realistic expectations.
11CORPORATE OFFICE
BRANCH OFFICES MUMBAI
3rd Floor, Broadway Business Center, Law Garden,
Ahmedabad, Gujarat-380006 91 79 2644 6872, 91
79 4894 0505
DELHI
BENGALURU
UDAIPUR
Info_at_proex.co.in
www.proex.co.in
SURAT
GANDHINAGAR
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VADODARA
RAIGARH (C.G.)
GURUGRAM
RAJKOT