Registration and Compliances for PF (Provident Fund) and ESIC (Employee State Insurance Corporation) entail the process of enrolling an organisation and its employees in these mandated social security programmes.
PF Registration & Compliances: This comprises enrolling qualified employees in the Provident Fund plan and registering the company with the Employees’ Provident Fund Organisation (EPFO). The organisation must donate a portion of employees’ wages to their Provident Fund accounts on a regular basis. Compliance entails depositing contributions on schedule, keeping accurate records, and submitting needed forms and returns.
ESIC Registration and Compliances entail registering the company with the ESIC and enrolling eligible employees in the Employee State Insurance system. Employees are entitled to medical and monetary benefits under ESIC in the event of illness, accident, or incapacity. The company must contribute a percentage of its employees' salaries to ESIC.
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