ESI/ PF Return Filing Services
ESI/PF return filing in Jaipur starts at just ₹1000/-
- Filed by the employers within the scope.
- Monthly returns need to be filed.
- Online process is both straightforward and ensures security.
- A dedicated professional.
- Expert advice from Chartered Accountants (CA) and Company Secretaries (CS).
- Your ESI/PF Returns can be filed within 4-5 days.
Apply for ESI or PF Returns Filing
Introduction of ESI/ PF Return Filing
Employees’ State Insurance Corporation is a statutory corporate body established under the ESI Act 1948, responsible for administering the ESI Scheme. ESI is a self-financed social security scheme aimed at safeguarding employees from financial distress caused by sickness, disablement, or death due to employment-related injuries.
EPF, or Employee Provident Fund, is a scheme designed to provide financial benefits to salaried employees, serving as an effective investment method.
Once registered, it is mandatory to file returns on time as required by the statute; failure to do so may result in prescribed penalties for the employer.
Legal Window provides comprehensive services related to EPF/ESI returns. For assistance, please contact our team at 6378184080 or email info@texsalahakar.com in for your Personal ITR Filing in Jaipur.
Eligibility of ESI/ PF Return Filing in Jaipur
Employer Eligibility (ESI)
Any establishment or factory with 10 or more employees (20 in some states) must register under the ESI Act, 1948. Employees earning ₹21,000 or less per month are eligible for coverage under ESI.
Employer Eligibility (PF RETURN FILING)
Any establishment employing 20 or more employees (10 in certain specified industries) must register under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952. Employees earning up to ₹15,000 per month are eligible for mandatory coverage under PF.
Advantage of ESI/ PF Return Filing
ESI
- Medical Care.
- Cash Benefits during Illness.
- Benefits during Maternity Leave.
- Benefits for Work-Related Disability.
- Monthly pensions.
- Financial Assistance for Funeral Costs.
- Support for Rehabilitation.
Due Dates of Filing ESI Return
ESI returns need to be filed on a half-yearly basis.
For the period from April to September, the return must be filed by 11th November.
For the period from October to March, the return must be filed by 12th May.
PF
- Retirement Savings.
- Employee Contributions.
- Interest Accrual.
- Withdrawal Benefits.
- Reducing taxable income.
- Employee Pension Scheme.
- Nomination Facility.
- Social Security.
Due Date of filing PF Return
PF returns, also known as Form 5 and Form 10, need to be filed by the 15th of the following month.
For example, the return for the month of January should be filed by the 15th of February.
Documents Required for ESI/ PF Return Filing in Jaipur
Challan’s (ESI Challan OR PF Challan Copy)
Bank Statement (Bank statement showing ESI payments made/showing PF payments made)
Attendance Records (Attendance records or muster rolls for the return period).
Employee Details (Name, father's name, date of birth, ESIC/PF number, salary details)
Registration Certificates (Registration certificates for both ESI and PF).
Process of ESI/ PF Return Filing
1. ESI Return Filing
Prepare Employee Details:
Ensure all employee details such as name, father’s name, date of birth, ESIC number, salary details, etc., are updated and accurate for the return period.
Calculate Contributions:
Calculate the ESI contributions payable for the return period based on employee wages and applicable rates.
Generate Challan:
Generate the ESI challan online through the ESIC (Employees’ State Insurance Corporation) portal. The challan details the total contribution amount payable.
Verify Challan Details:
Verify the challan details to ensure accuracy in contributions calculated. This includes verifying employee-wise contribution amounts.
Payment of Contributions:
Make the payment of ESI contributions online through net banking or at authorized banks. Retain proof of payment.
File ESI Return:
After payment, log in to the ESIC portal and file the ESI return. Provide details such as employee contributions, employer contributions, and other required information.
Submit Acknowledgment:
Obtain and keep a copy of the acknowledgment or receipt generated upon successful filing of the ESI return.
2. PF Return Filing
Prepare Employee Details:
Ensure all employee details such as name, father’s name, date of birth, PF number, salary details, etc., are updated and accurate for the return period.
Calculate Contributions:
Calculate the PF contributions payable for the return period based on employee wages (basic salary, DA) and applicable rates.
Generate Challan:
Generate the PF challan online through the EPFO (Employees’ Provident Fund Organization) portal. The challan details the total contribution amount payable.
Verify Challan Details:
Verify the challan details to ensure accuracy in contributions calculated. This includes verifying employee-wise contribution amounts.
Payment of Contributions:
Make the payment of PF contributions online through net banking or at authorized banks. Retain proof of payment.
File PF Return:
After payment, log in to the EPFO portal and file the PF return (Form 5 and Form 10). Provide details such as employee contributions, employer contributions, and other required information.
Submit Acknowledgment:
Obtain and keep a copy of the acknowledgment or receipt generated upon successful filing of the PF return.
ESI Return Filing
Employers are mandated to contribute to the ESI fund by deducting employees’ contributions from their wages and adding their own contributions. These combined contributions must be deposited within 15 days of the end of each calendar month. Payments can be made online through the ESIC portal or at authorized branches of designated banks such as the State Bank of India and other specified banks. It’s crucial for employers to ensure timely and accurate payments to comply with ESI regulations and avoid penalties for late or incorrect submissions.
ESI Monthly Contribution
The contributions to the ESI fund by both the employer and employee are specified by the government and are as follows:
Employee Contribution: Employees are required to contribute 0.75% of their basic wages towards the ESI fund.
Employer Contribution: Employers are responsible for contributing 3.25% of the basic wages of their employees to the ESI fund.
EPF
Employers are obligated to contribute to the EPFO (Employees’ Provident Fund Organization) fund by deducting the employees’ contributions from their wages and adding their own contributions. These combined contributions must be deposited within 15 days from the end of each calendar month. Payments can be made conveniently online through the EPFO portal or at authorized branches of designated banks, including the State Bank of India and other specified banks. Timely and accurate deposit of these contributions is crucial for employers to comply with EPF regulations, ensuring that employees’ savings are securely managed for their retirement benefits.
EPF Monthly Contribution
Both the employer and employee are required to contribute to the EPF (Employees’ Provident Fund) at rates specified by the government. The contribution is calculated as 12% of the employee’s basic wages and dearness allowances. This contribution is mandatory under the EPF scheme, ensuring that both parties contribute towards the employee’s retirement savings. The EPF contributions are crucial for building a corpus that provides financial security to employees after their retirement.