We offer a comprehensive suite of HR and labour law services across India, ensuring that your business meets all legal requirements and operates efficiently within the regulatory framework.
MPower offers comprehensive services for businesses to ensure seamless compliance with the Employees’ Provident Fund (PF) and Employee State Insurance (ESI) schemes. These statutory provisions are essential for businesses to follow, ensuring employee welfare and long-term financial security. We handle every aspect of the PF and ESI process to guarantee full compliance.
- We assist businesses with the initial registration process for PF and ESI with the Employees’ Provident Fund Organization (EPFO).
- Employees’ State Insurance Corporation (ESIC), ensuring the necessary documentation is filed with authorities and registrations are completed.
- We also provide guidance on eligibility criteria and help streamline the process to ensure quick and hassle-free registration for your organization.
- We provide ongoing support to ensure your business remains compliant with PF and ESI regulations.
- Our team manages the monthly filings, which include the calculation and submission of PF and ESI contributions.
- We ensure that both employer and employee contributions are accurately calculated and submitted on time to avoid any penalties or fines.
- We also provide detailed reports and updates, giving you complete transparency and peace of mind throughout the compliance process.
- We handle end-to-end monthly compliance, ensuring timely PF and ESI filings while keeping you updated with accurate reports, minimizing risks, and ensuring seamless operations.
- We provide expert consulting services, advising businesses on the best practices for PF and ESI compliance.
- We guide businesses through complex scenarios, such as new employee onboarding, contribution rates, and record-keeping.
- Our advisory services also include proactive recommendations to address potential compliance risks and optimize processes for long-term efficiency.
- Our expert advisory services help businesses navigate PF and ESI compliance with ease, offering tailored guidance on contribution management.
- Our team conducts regular audits and reconciliations to verify the accuracy of PF and ESI records, ensuring they comply with all legal requirements.
- We help identify discrepancies and provide corrective measures to ensure no penalties are incurred.
- We also assist in preparing your organization for external audits by ensuring all records are well-organized and fully compliant with regulatory standards.
- We conduct thorough audits and reconciliations to ensure PF and ESI compliance, identify discrepancies, and implement corrective measures.
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What is PF and ESI Registration?
PF (Provident Fund) and ESI (Employee State Insurance) Registration are statutory requirements in India under labor laws to ensure financial security and social benefits for employees.
What are the key steps involved in Monthly Compliance and Filings for PF and ESI contributions?
The steps in Monthly Compliance and Filings for PF and ESI contributions include calculating the contributions for both employees and employers, generating challans, and making payments through the respective portals (EPFO for PF and ESIC for ESI) by the 15th of each month. Employers must also maintain accurate payroll records and submit monthly returns, detailing contributions and employee data, to ensure compliance with legal requirements.
What consulting and advisory services do we provide for PF and ESI compliance?
We offer expert consulting services to help businesses comply with PF and ESI regulations. Our guidance covers best practices for compliance, new employee onboarding, contribution rates, and record-keeping, ensuring smooth and hassle-free operations.
How do audit and reconciliation services ensure PF and ESI compliance?
Our audit and reconciliation services verify the accuracy of PF and ESI records to ensure compliance with legal requirements. We identify discrepancies and provide corrective measures to prevent penalties.
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