EPF / Provident Fund Registration
EPF Registration is mandatory for companies/organisations employing 20 or more persons, including contractual and permanent employees. Smaller organisations which do not have the minimum strength can voluntarily register themselves. Companies which grow to a strength of 20 members are expected to register themselves within one month from the time of attaining this strength, with penalties applicable for delays in registration.
Employee’s State Insurance Corporation(ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI is a must for business entities employing 20 or more persons. ESI contribution is required for employees earning less than Rs. 15,000/- per month.