PF ESIC REGISTRATION & MONTHLY RETURN PROCESS
Employee Contribution: Deduct the PF contribution from the employee's salary (12% of basic wages + dearness allowance) and contribute an equal amount as the employer's share.Filing Returns: Every month, you need to file returns with the EPFO through the employer's portal. These returns detail the contributions made by both employees and employers.Payment: Deposit the total PF contributions (employee + employer) in the designated EPFO bank account before the due date.Challan Generation: Generate a monthly e-challan through the EPFO portal for the deposited amount.Filing the Return: File the monthly return through the EPFO portal with details of the contributions made.Eligibility: Establishments employing 10 or more employees (20 or more in certain states) and complete the online registration process. Provide details about your establishment, employees, and other relevant information. Once your application is approved, you will be allotted a unique ESIC code for your establishment.Employee Contribution: Deduct the ESIC contribution from the employee's salary (1.75% of wages) and contribute an equal amount as the employer's share.Filing Returns: Every month, file the ESIC return through the ESIC portal. Provide details of wages paid and contributions made by both employees and employers.Payment: Deposit the total ESIC contributions (employee + employer) in the designated ESIC bank account before the due date.Challan Generation: Generate a monthly e-challan through the ESIC portal for the deposited amount.
