ESI (Employees' State Insurance) and PF (Provident Fund) registration are mandatory social security schemes for employees in India. They provide medical benefits, retirement savings, and insurance coverage to employees. Read Less

a. ESI Registration: Mandatory for businesses with 10 or more employees earning a salary of ?21,000 or less per month. b. PF Registration: Mandatory for businesses with 20 or more employees, regardless of salary. Voluntary registration is also allowed. Read Less

a. ESI Benefits: i. Free medical treatment for employees and dependents ii. Sickness benefits and maternity leave benefits iii. Compensation for workplace injuries or disability iv. Funeral expenses and dependent pensions b. PF Benefits: i. Retirement savings with interest accumulation ii. Partial withdrawals for emergencies (medical, home loan, education, etc.) iii. Life insurance under the Employee Deposit Linked Insurance (EDLI) scheme iv. Pension benefits under the EPS scheme. Read Less

Yes, if the employee count exceeds the threshold (10 for ESI, 20 for PF). However, smaller businesses can opt for voluntary registration to provide employee benefits. Read Less

Yes, businesses with fewer employees can voluntarily register to provide social security benefits to their workers.

a. ESI Contribution: i. Employer: 3.25% of gross salary ii. Employee: 0.75% of gross salary b. PF Contribution: i. Employer: 12% of basic salary + DA ii. Employee: 12% of basic salary + DA. Read Less

a. Business incorporation documents b. PAN & Aadhaar of employer c. Address proof of business d. Employee details (name, salary, etc.) e. Bank account details of the business. Read Less

It usually takes 5-10 working days for approval, provided all documents are correct.

Yes, businesses meeting the criteria can register for both schemes simultaneously.

Employers can track the registration status online via: a. EPFO Portal: https://unifiedportal-emp.epfindia.gov.in b. ESIC Portal: https://www.esic.in. Read Less

No, ESI is applicable only to employees earning ?21,000 or less per month. However, employers must still register if they have 10 or more employees. Read Less

a. EPF (Employees’ Provident Fund): A social security scheme for salaried employees, managed by EPFO. b. PPF (Public Provident Fund): A voluntary savings scheme for individuals, managed by banks/post offices. Read Less

Yes, ESI benefits can still be availed for up to 6 months after leaving the company if the employee has completed the required contribution period. Read Less

Yes, partial withdrawals are allowed for specific purposes like medical emergencies, home loans, education, and marriage. Read Less

Non-compliance can lead to penalties, fines, and legal action under the EPF & ESIC Act. Employers may also be liable to pay the unpaid contributions with interest. Read Less

Yes, employers can update employee details, business details, and contributions through the respective portals.

No, once registered, ESI & PF do not expire but require regular compliance filings.

No, ESI registration is only for companies with 10 or more employees. However, voluntary registration is possible.

Yes, if the employee count meets the criteria. Startups with fewer employees can also voluntarily register.

a. ESI Contribution: 15th of every month b. PF Contribution: 15th of every month.

Yes, employees earning more than ?15,000 per month can opt out of PF if they declare non-membership at the time of joining. Read Less