PF & ESIC Compliances – Adinath Tax consultant

PF & ESIC Compliance

Ensuring Employee Welfare and Legal Compliance

In India, businesses must comply with the Provident Fund (PF) and Employees’ State Insurance (ESIC) regulations to ensure employee welfare and legal compliance. These schemes provide financial security, health benefits, and protection for employees. Adinath Tax Consultant offers comprehensive services to help businesses meet PF and ESIC requirements efficiently, ensuring smooth operations and avoiding penalties.

Service starts at ₹2,000/-*

PF & ESIC Compliance

Provident Fund (PF) Compliance

Employer-Employee Contribution: Both employer and employee contribute a percentage of the salary to the PF account.
Employee Benefits: Employees can withdraw PF upon retirement, resignation, or in emergencies like medical expenses.
Pension Scheme: Employees are also covered under the Employees’ Pension Scheme (EPS) for post-retirement pension.

Employees’ State Insurance (ESIC) Compliance

Employer-Employee Contribution: Both contribute to ESIC for medical, sickness, and maternity benefits.
Medical & Sickness Benefits: Employees receive healthcare services and financial support during illness.
Disability & Death Benefits: Compensation is provided in case of work-related accidents or disabilities.

PF & ESIC Compliance Process

Registration: We assist in registering your business with EPFO (PF) and ESIC, based on employee count and business type.
Contribution Calculation: We help calculate and remit accurate contributions on time, avoiding penalties.
Return Filing: We ensure timely submission of monthly and annual PF & ESIC returns.

PF & ESIC Audits

Audit Preparation: We help businesses prepare for PF and ESIC audits by maintaining accurate records.
Rectification of Discrepancies: We assist in addressing audit findings to ensure compliance.

Ongoing PF & ESIC Support

Advisory: We provide tax benefits guidance for both employers and employees.
Employee Communication: We ensure employees understand their PF & ESIC benefits.
Legal Support: We help handle notices for non-compliance and ensure timely resolution.

Penalties and Legal Compliance

Avoiding Late Penalties: We ensure timely contributions to avoid penalties and interest charges.
Legal Assistance: We guide you through responding to compliance notices and rectifying issues.

Why Choose Us?

At Adinath Tax Consultant, we help you navigate PF & ESIC compliance with ease, ensuring employee welfare and legal adherence while you focus on growing your business.