ESI scheme is set to cater the health and insurance needs of the employees and is funded by the employees and the employer. For this purpose, registration with the government is required which is called ESI registration.

The Employee Provident Fund Organization regulates the authority that governs the activity of the Employee Provident Fund in India. All firms or enterprises must register under EPFO if their existing workforce is more than 20. This scheme is hugely beneficial for those seeking financial aid after the post-retirement.

Is EPF registration compulsory?

If you are an employer with an organization that employs 20 people or more, it is mandatory for you to register under the EPF scheme. If your organization employs less than 20 people, you can still opt to register under the scheme.

Is it compulsory to take ESI from salary?

ESI contribution is required for all the employees earning up to 15000 Per Month. All those employees who are earning more than 21000 Per Month are exempted from the ESI contribution.

Who is not eligible for ESIC?

What Is Not Covered Under Employees State Insurance Scheme? The ESIC scheme currently does not cover workers or employees earning more than Rs. 21,000 per month and in the case of persons with a disability, the maximum wage is capped at Rs. 25,000 per month.

What is EPF registration certificate?

EPF Registration For Employers – EPF Employer Login, Registration. … Employees Provident Fund (EPF) is a scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.

Registration Procedure for Employers :

• Employee data and documents.
• Id and Address Proof of Employer.
• Firm / Company Registration Certificate.
• Establishment Registered with EPFO.
• Register DSC (Digital Signature Certificate) of the Employer.
• Employer details / Authorisation Letter.
• Submit verified form
• Get PF registration certificate & Universal Account Number [UAN]