ESI

The enactment of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. the Act also guarantees reasonably good medical care to workers and their immediate dependants.
The Act was originally applicable to non-seasonal factories using power and employing 20 or more persons; but it is now applicable to non-seasonal power using factories employing 10 or more persons and non-power using factories employing 20 or more persons.
The existing wage-limit for coverage under the Act, is Rs.10,000/- per month (with effect from 1.10.2006).

Contribution
E.S.I. Scheme being contributory in nature, all the employees in the factories or establishments to which the Act applies shall be insured in a manner provided by the Act .The contribution payable to  the Corporation in respect of an employee shall comprise of employer’s contribution and employee’s contribution at a specified rate. The rates are revised from time to time. Currently, the employee’s contribution rate (w.e.f. 1.1.97) is 1.75% of the wages and that of employer’s is 4.75% of the wages paid/payable in respect of the employees in every wage period. Employees in receipt of a daily average wage upto Rs.50/- are exempted from payment of contribution. Employers will however contribute their own share in respect of these employees.

Services Provided

1. REGISTRATION WITH ESIC
2. MONTHLY CONTRACT BASIS WORK FOLLOW UP
3. ATTEND INSPECTION-DEPARTMENT & CORRESPONDANCE.
4. FILL UP MONTHLY –YEARLY –RETURN
5. MAINTAIN INDIVIDUAL EMPLOYES RECORD

 
CHECK LIST                                                      

1. Cancelled Cheque and Copy of Bank Statements
2. List of Employees ( Date of joining, Place of Duty, Salary )
3. Monthwise List of Number of Employees from the date of Start
4. Copy of PAN Card of Firm/Company and Owners
5. Residence Proof ( Voter Card/ Passport/ Ration Card/ Driving Licence)
6. Proof of Registration of Establishment
7. Partnership deed and Copy of Registration
8. List of Clients
9. Copies of Work Orders/ Agreements ( Minimum Two )
10. Copies of Attendance/ Wage Sheet for the Month of Coverage
11. Memorandum of Association/ Articles of Association
12. Date of Application if Applied Earlier

PF
The Employees' Provident Fund Organisation, India, is one of the largest provident fund institutions in the world in terms of members and volume of financial transactions that it has been carrying on.

Employee Provident Fund Scheme:
Employees' Provident Fund Scheme takes care of following needs of the members:
(i)   Retirement  
(ii) Medical Care      
(iii) Housing
(iv) Family obligation
(v) Education of Children
(vi) Financing of Insurance Polices

Contribution
As per amendment-dated 22.9.1997 in the Act, both the employees and employer contribute to the fund at the rate of 12% of the basic wages, dearness allowance and retaining allowance, if any, payable to employees per month.

Services Provided

1. REGISTRATION WITH EPFO
2. MONTHLY CONTRACT BASIS WORK FOLLOW UP
3. ATTEND INSPECTION-DEPARTMENT & CORRESPONDANCE.
4. FILL UP MONTHLY –YEARLY –RETURN
5. MAINTAIN INDIVIDUAL EMPLOYES RECORD.