Getting PF & ESI registration is a mandate for any organization having a workforce of 20 and up. We can help you get your company registered for it.
Employee State Insurance or ESI is a scheme launched by the government which offers medical, monetary and other benefits to the workers. The Employees Provident Fund is a social security system that helps employees to save a portion of their salary for their future advantages.
EPF is managed and controlled by the EPFO (Employees Provident Fund Organisation of India). Any organisation engaging 20 employees or more has to register under the EPFO.
Its a legal mandate as laid by the government of India and is mutually beneficial for the management and the employees.
Full medical care is provided to all the persons registered under ESI along with the family members. There is no limit on expenditure on the treatment of an insured person or his family members. Medical care is also provided to retired and permanently disabled insured persons and their spouses on payment of a token annual premium of Rs.120/-.
Sickness benefit is provided at the rate of 70% (in form of salary) and in case of any certified illness it lasts for a maximum of 91 days in any year.
Maternity benefit is provided for three months and it can be extended to one month more at the rate of full wage subject to contribution of 70 days in the preceding year.
From the day of entering insurable employment, 90% of wage is payable as long as the temporary disability continues. In case of permanent disability, benefit is payable at the rate of 90% of wages in the form of monthly payment.
In case death occurs due to employment injury or occupational hazards, it is paid at the rate of 90% of wages in the form of monthly payment to the dependant of the deceased person.
In case death occurs due to employment injury or occupational hazards, it is paid at the rate of 90% of wages in the form of monthly payment to the dependant of the deceased person.
Select the most appropriate package online as per you need and then make the payment online.
Then the online site will collect all the required information and documents from you.
Then that particular site will apply for the registration and will give you a 14 digit unique number.
All you need to do for registering for PF & ESI is to read and understand the sections below. Provide us with the documents, purchase a package, and relax!
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