PF / ESI Compliance

Provident Fund (PF) is one of the most used Investment schemes for the Salaried class in our country. This is also the most complicated labour compliance for employers for many reasons. After the digitization in the PF department, every activity related to PF compliance made available on the click of the mouse. The digitization helped to reduce repetitive clerical work for the employer and also benefitted the subscriber immensely. However, this brings a new kind of challenge for employers, particularly those are managing the compliance through their internal resource, that is to keep updated the person with the portal requirement that includes technology and know-how about the portal. The large organization that hires a compliance person for this work manages it well but those organization that assigns this compliance as an additional duty to their HR/Accounts team suffers a lot. This is equally true for ESI. Any delay in submitting information to the portal means a show-cause notice to the employer or interest demand. Also, delay in submitting employee information to the portal leads to a loss of credibility among the employees. The organization that manages PF themselves often faces a problem when the employee who manages PF activity left the organization.

 

To manage consistency in compliance and to be free from hassles of PF/ESI, you can outsource these compliances to us. We have experience in managing PF/ESI compliances of large organizations.​

​

PF Activities

​

·     Form 2 and Form 11

·     Generation of UAN

·     PF Return and Challan Generation

·     Update Eligibility Register

·     Support in Death Case to settle the PF and Pension

·     Member KYC Approvals  

·     Modification Request Approvals

·     Transfer Approvals

·     Update Form 5A (whenever required)

·     General Employee Support

·     MIS Report to Management

·     Reply to Notice from Department

·     Support in PF inspection conducted by PF Department

​

ESI Activities

​

·     New Member Registration

·     Provide TIC to new employee

·     ESI Challan Generation

·     Submit Accident Report in ESI

·     Support in getting Maternity Benefit to eligible ESI Covered employee

·     General Query support

·     Reply to Notices from the Corporation

·     Support in ESI inspection conducted by ESIC

 

 We will be happy to provide you with PF/ESI compliance service stand-alone or bundled services with complete payroll solution.