PF ESI Consultant in Chandigarh

For any company, employee emoluments management is a key prerequisite. While you will see that most companies in Chandigarh are fixing monthly wages for temporary employees pretty much smoothly, it is actually a challenging job. If you own a business, you likely have individuals working in permanent roles. Therefore, it is your responsibility to manage their deductions and thus, the documentation depends on you. Considering the significance and complications related to this job, it is highly advantageous if you appoint a PF and ESI consultant in Chandigarh to take care of this job.

ESI & PF

Employee Provident Fund (EPF) and Employee State Insurance (ESI) are part of government directives regarding employment. Deducting a certain amount from the salary of the employees for PF and ESIC is the responsibility of both the company and its employees. From the day an employee is appointed, these two things become applicable and you cannot ignore them at all.

PF & ESI Registration Procedure

• In the first step, you help the consultants know about your company. Then you will have to fill out their PF & ESI registration questionnaire. Along with this, you will have to submit the required documents.
• The next step is about verifying you submitted PF & ESI registration documents. Also, the consultants will verify the other details provided by you.
• In this step, you will have to submit the PF & ESIC application.
• There are various application forms that you will have to fill out and submit. Do not worry, the consultants will fill those forms with your provided data.
• In this final step, a PF and ESI consultant in Chandigarh will send you the EPF & ESIC Registration license as well as login credentials via the email ID provided by you.

Required Documents for PF & ESI Registration for Employers

For Directors/ Partners/ Proprietor:

• PAN Card Copy
• Aadhaar Card Copy
• Mobile Number
• Email ID
• DSC of any one Director

For Entity/ Company:

• PAN card copy (Not necessary for proprietorship firm)
• Address proof such as COI or Shop License.
• MOA/ AOA
• Cancelled Cheque with preprinted name & account no.
• Registration Certificate/GST
• Employee Details including details of salary.
• Signature Card.
• Balance Sheets of last 3 years. This is required only when the company incorporated date differs from the date of coverage in PF/ESI.

Documents To Be Signed By Employees For Office Records

• EPF Form 11
• ESIC Declaration form
• EPF Form 2

PF & ESI Registration Benefits

ESI Advantages include complete medical benefits, it includes the dependents and you can use this at different ESI dispensaries and hospitals. Any type of payment will be refunded while it also considers the requirements of the disabled. Plus, you get access to Medical care in ESI Dispensaries/Hospitals.

On the other hand, EPF features tax-free earnings, and financial security related to retirement, resignation, loss of income, etc. The benefit here involves a long-term investment for employees, pension, as well as insurance after retirement.

Why Hire PF ESI Consultant in Chandigarh

If you have a small HR team or in case your HR team is already loaded, opt for the smarter option which is appointing an experienced PF and ESIC consultant. By doing this, you not only take the load off your HR officials but thus, you also have experienced hands to rescue you.

An experienced pro consultant is always updated with all the latest regulations related to PF and ESI. Therefore, when you hire them, you won’t have to keep track of every single change in this regard. Neither will you have to check the accuracy of deductions regarding PF or ESIC. A PF and ESI consultant in Chandigarh gives you this peace of mind.

For PF and ESI consultation, always ensure you are contacting a trusted PF & ESI Registration service provider.