#pf application

All You Need to Know About PF Registration and Return Filing

In today's competitive world, ensuring compliance with regulations and laws is crucial for businesses to thrive and succeed. One such important aspect for businesses in India is Provident Fund (PF) registration and return filing.

ESI Registration with Procedure & Benefits-Venture Care | pf application

 Employee’s State Insurance (ESI) is a self-financing scheme for Indian workers which cover health insurance and social security. ESI functions as an independent corporation and comes under Ministry of Labor and Employment in India. The ESI Corporation thus manages the funds which regulated by the guidelines and regulations of the ESI Act. 1948.

This act monitors the provision of cash and medical benefits to employees and their families through their comprehensive network of hospitals and dispensaries throughout India. Know more esi health insurance

 Employee State Insurance Corporation

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.

Choose ESI Registration because :

Provides complete medical care to employees

Includes employee’s dependents also

Mandatory for units with >10 employees

 Benefits of ESI Registration for both Employer & Employee

Employees registered under the ESI scheme are entitled to a range of benefits. Employees and their families can avail medical treatment and attendance including not only medical but surgical and obstetric treatment as well. Supply of medicines, super specialty consultations, etc. can also be availed. Sick pay benefits also included. Thus, it advised for employees to register under ESI scheme.

Employee's State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. For all the employees earning INR 15000 or less per month as wages, the employer contributes 4.75 percentages and employee contributes 1.75 percentages and the total share comes to 6.5 percentage.

Know more about pf number registration and pf application here.

This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein by the ESI Act 1948, which oversees the provisions of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India.

ESI is an autonomous corporation under Ministry of Labour and Employment, Government of India. But most of the dispensaries and hospitals are run by concerned state governments. Employees registered under the ESI enjoy a range of benefits under the scheme. They enjoy medical attendance and treatment for the person insured and their families including full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc., In addition, to the medical care, insured persons also get the benefit of sick pay benefits. Registration with ESI provides the employee with tremendous benefits and improves worker morale and retention.

Venture-Care here helps your Company to obtain and manage ESI Registration with ease. 

How Venture care can help you for esi online registration :-

·         Get free expert consultancy from experts.

·         We available every time to solving your legal queries.

·         Get one stop solution for all legal compliances.

·         Process application within 24 Hours.

·         Trusted by Most Valuable Startups.

·         We Understand Startup Budget & their needs.

·         Get quality services at pocket price.

Employee’s State Insurance (ESI) is a self-financing scheme for Indian workers which cover health insurance and social security. ESI functions as an independent corporation and comes under Ministry of Labor and Employment in India. The ESI Corporation thus manages the funds which regulated by the guidelines and regulations of the ESI Act. 1948.

 This act monitors the provision of cash and medical benefits to employees and their families through their comprehensive network of hospitals and dispensaries throughout India. Know more esi health insurance

 Benefits of ESI Registration for both Employer & Employee

Employees registered under the ESI scheme are entitled to a range of benefits. Employees and their families can avail medical treatment and attendance including not only medical but surgical and obstetric treatment as well. Supply of medicines, super specialty consultations, etc. can also be availed. Sick pay benefits also included. Thus, it advised for employees to register under ESI scheme.