ESI (Employees’ State Insurance) and PF (Provident Fund) are social security schemes by the Indian government. ESI provides health insurance and PF provides retirement benefits to employees.
The Employees’ State Insurance (ESI) Act 1948 and Employees’ Provident Fund and Miscellaneous Provisions Act 1952 are social security legislations enacted by the Government of India. They aim to provide social protection to employees in the organized sector.
The ESI Act provides for medical, disability, dependent, and other benefits to insured employees and the PF Act assures financial security post retirement. All establishments having 10 or more employees and paying wages up to a specified limit need to be registered with designated regional ESI and PF offices.
Any person or organization that hires employees for its operations in India needs to register for ESI and PF schemes if they meet the applicability criteria:
The following can apply for ESI and PF registration in India:
1. Individual proprietorships and partnership firms that employ 10 or more employees.
2. Companies registered under Companies Act 2013, that employ 20 or more employees.
3. Factories employing 10 or more workers and using power. Also 20 or more workers without using power.
4. Shops, hotels, restaurants, cinemas including preview theatres, road motor transport undertakings and newspaper establishments employing 20 or more persons.
5. Private educational institutions employing 20 or more persons.
6. Medical institutions with inpatient beds employing 20 or more persons.
No registration fees or charges
1. For establishments with up to 20 2.employees – No fees
2. For establishments with 21 to 100 employees – 500 INR
3. For establishments with 101 to 300 employees – 750 INR
4. For establishments with 301 to 500 employees – 1000 INR
5. For establishments with more than 500 employees – 1500 INR
📖 Basics and Overview
📖 Rate of Contribution [ESI & EPF]
📖 Types of Contribution
📖 Remittance Overview [ESI/ EPF]
📖 Creation of EPF & ESI
📖 Employees ans Employers benefits
📖 ESI & EPF filing procedure
As this is a purely online Classes, offline Classes, Weekends Classes, and Weekdays Classes training program, you can choose to learn at any time of the day and for as much time as you want.
You can choose your preferred batch date while signing up for the training program and start accordingly.
Yes, Certificate will be provided.
