Get ESI/PF returns filed starting from ₹ 3000/-
Introduction
Employees’ State Insurance Corporation is a statutory corporate body set up under the ESI Act 1948, which is responsible for the administration of ESI Scheme. The ESI is a self-financed social security comprehensive scheme devised to protect the employees against financial distress such as sickness, disablement or death due to employment injuries.
EPF stands for Employee Provident Fund that is a scheme for providing monetary benefit to all salaried employees which act as the best investment methods
After taking registrations it is mandatory to file the returns on time as required under the statute otherwise there are prescribed penalties that have to be borne by the employer.
Sprinthub Solutions will provide you all the necessary services and returns related to EPF/ESI. You may get in touch with our team on 096436-69475 or email info@sprinthub.in for all ESI and PF registration.
Eligibility
Employee State Insurance scheme
Employee Provident Fund scheme
Advantage of ESI/PF Returns
ESI Benefits
Medical benefit
Sickness benefit
Maternity benefit
Disablement benefit
Dependents benefit
Funeral expenses
Rehabilitation allowance
EPF Benefits
Tax Benefits
Premature withdrawal
Pension Benefits
Financial Support
Contribution by employee
Long Term Planning
Interest benefits
Due Dates of Filing ESI Return
The due date for ESI payment is 21st of every month and the returns are filed on half yearly basis which are as follows :
April-September : 11th of November
October – March : 11th of May
Due Date of filing PF Return
The due date for PF payment is 15th of every month and the returns are filed on a monthly basis by 25th of the following month. Also an annual return is required to be filed by the 25th of April of the following financial year.
Documents Required
Employee wise breakup of contributions
Employee wage register
Digital Signature Certificate
Any accidents or mis-happening details
Copy of Challan Payments
Any other details, as required
Process of PF/ESI Return
Complete the Application Form
Filing of Application:
Document Processing
Intimation of Filing
ESI
Employers have the responsibility to contribute to the ESI fund by deducting the employees’ contribution from wages and combining it with their own contribution.
Employers have to deposit the combined contributions within 15 days of the last day of the Calendar month. The payments can be made online or to authorized designated branches of the State Bank of India and some other banks.
ESI Monthly Contribution
The employer and employee have to contribute at the rates specified by the government from time to time. The contribution to ESI fund is as follows by the employer and employee:
Employee: Employee has to contribute 0.75% of his basic wages
Employer: Employer has to contribute 3.25% of the basic wage.
EPF
Employers have the responsibility to contribute to the EPFO fund by deducting the employees’ contribution from wages and combining it with their own contribution.
Employers have to deposit the combined contributions within 15 days of the last day of the Calendar month. The payments can be made online or to authorized designated branches of the State Bank of India and some other banks.
EPF Monthly Contribution
The employer and employee have to contribute at the rates specified by the government from time to time. The contribution to EPF fund is as follows by the employer and employee:
Employer and Employee shall contribute 12% of employees’ basic wages and dearness allowances