No 1 PF ESIC Consultant in Ahmedabad Pro Legal HR Yearly PF ESIC Consultant Compliances to give afterretirement/emergency financial safety and security as well as health protection for the working individuals who rely on their salary/wages to fulfil their needs, PF ESIC Professional are the two obligatory options that must be included in the business units having workers more than a threshold limit, who are working for them. Once such employers enlist under these schemes, they are to conform specific compulsory reporting liabilities per FY to remain legally safeguarded. To be clearer, allow us first say the primary requirements that ought to be fulfilled by the Companies so as to get EPF as well as ESIC enrollment and also come under their yearly compliances.
PF ESIC Consultant: - This plan is applicable under the standards of Staff members' Provident Finances and Miscellaneous Provisions Act, 1952 as suggested by Staff members' Provident Fund Company (EPFO). - Required enrollment for all the companies/organizations that is 3 years of ages having staff member stamina more than 20. Volunteer registration is approved for the systems having much less number of employees. - Both employer as well as employee add in equal quantity in this plan. - In case, the employee number is greater than 20, the payment amount is 12% of Basic + DA. In case, worker number is less the contribution quantity is 10% of Standard + DA. ESIC Specialist: - This plan is applicable under ESI Act, 1948, as suggested by Employees' State Insurance Consultant (ESIC) under Ministry of Labour and Employment. - Compulsory enrollment for the establishments/units/factories having 10 employees obtaining INR 15,000 p.m. revenue within 15 days - 75% of the salary payment from the employee and 4.75% from the employer need to be made under this plan (Except those workers earning INR 100 each day). So, any type of business unit meeting such problems is qualified for EPF as well as ESIC annual compliances per FY as reviewed in this post.