Patna, Bihar, India Verified Supplier
Our product range comtains a wide range of EPF and ESI Registration Service and Stuatory Registration and Maintenance Service
EPF (Employee Provident Fund) Registration is a process to give social benefits to employees. It is very best scheme for the employees which comes under Employees Provident Funds and Miscellaneous Provisions Act, 1952 which is regulated by the organization of Employees Provident Fund. According to the act, if the strength of the company is more than 20 employees then it’s mandatory for the establishment to obtain EIN No. If the employee strength of the company less than 20 then the company can apply for EIN. Any company can get the EPF registration certificate within 30 days from the date of the employment of 20 employees. Employee State Insurance Corporation or ESIC is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit, disablement benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family. Units or Establishments that have 10 or more employees, drawing the wages of up to Rs.15, 000 a month are required to be registered for ESIC under the ESI Act 1948. The benefits provided by the scheme are funded from the contributions raised from covered employees and their employers at the fixed percentage of wages. At present, covered employees contribute 1.75% of the wages to the ESIC and covered employers contribute 4.75% of the wages, payable to their employees. The state government also contribute 1/8th share cost of medical benefit. All Establishments and Factories employing more than 10 employees are required to mandatorily apply for ESI registration within 15 days of the ESI Act, 1948 becoming applicable to them.
Every Company incorporated in India is required to maintain statutory registers and records. These records can be maintained online, electronically. The statutory register and records shall be kept at the registered office of the company. Directors, Members of the company and any other person can inspect certain registers and records of the company. Non-Maintenance of the mandatory registers and statutory records attract various penalties on the company, the Directors and every other officer in default. The statutory records of the company must be kept up to date and where if any changes take place within the company, necessary adjustments must be made.