Provident Fund was established to encourage employees to save and to benefit them during retirement. Both the company and the employee make contributions to the PF on a monthly basis. ESIC is a social institution in India that provides socioeconomic security to workers & their dependents.
Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. A wise legal service can be beneficial for PF and ESIC return filing.
Every month, all entities with PF registration must file a provident fund return. Each month's PF return is due on the 25th..
A final PF return is also due on April 25th for the fiscal year that concluded on March 31st.
ESI Contribution amount needs to be deposited before 15th of the month following the month in which deductions are made. That is, ESI contribution for the month of April, is to be deposited on or before the 15th of May.
Every month, all entities with ESIC registration must file return. The due date for ESI return filing is 15th of subsequent month.
The half-yearly return of ESIC for the period April to September is due by 12 November, and October to March is due by 12 May.
Copies of PAN Card, Aadhar card & Address proof of employee and employer
PF registration scanned copy is required
Cancelled cheque of establishment is required.