ESI & EPF Compliance Services
Managing Employee State Insurance (ESI) and Employees' Provident Fund (EPF) contributions can be a daunting task for employers. At ABN Taxation and Investment Solutions, we provide comprehensive ESI and EPF compliance services to help businesses meet statutory requirements while ensuring the welfare of their employees
Why Is ESI & EPF Compliance Important?
01
Employee Welfare
ESI provides medical and financial support, while EPF ensures long-term financial security for employees.
03
Avoid Penalties
Timely contributions and filings prevent penalties and interest charges for non-compliance.
02
Legal Obligation:
Employers are legally required to comply with ESI and EPF regulations for eligible employees.
04
Enhance Employer Reputation
Proper compliance fosters trust and goodwill among employees.
01
Employee Welfare
ESI provides medical and financial support, while EPF ensures long-term financial security for employees.
02
Legal Obligation:
Employers are legally required to comply with ESI and EPF regulations for eligible employees.
03
Avoid Penalties
Timely contributions and filings prevent penalties and interest charges for non-compliance.
04
Enhance Employer Reputation
Proper compliance fosters trust and goodwill among employees.
Various Type Of PF Withdrawal
1. What is EPF withdrawal?
- EPF withdrawal means withdrawing the amount deposited and interest thereon from EPF account by an Employee.
2. When amount from EPF account can be withdrawn?
An employee may withdraw his/her EPF amount under the following circumstances:
- Retirement, Ceasesion of employment , in case need of funds for marriage, education, medical emergencies etc.
3. What is the procedure to withdraw EPF online?
The following steps are to withdraw EPF online using UAN portal:
- Log in at https://unifiedportal-mem.epfindia.gov.in/
- Ensure your UAN is activated and KYC (PAN, Aadhaar, Bank) is updated.
- Go to Online Services and fill Claim forms, i.e. form no. -31, 19, 10C & 10D as applicable
- Enter the last 4 digits of your bank account linked with EPF.
- Select the correct option whether full/partial withdrawal.
- Upload documents (if required) and submit the claim.
4. Which forms should be filled for EPF withdrawal?
Complete withdrawal of EPF – Form 19
Withdrawal of Pension amount – Form 10C
Partial withdrawal as advance for urgent requirement – Form 31
After retirement periodic pension – Form 10D
Our ESI & EPF Services
Registration Assistance
Support with registering your business for ESI and EPF schemes.
Monthly Contribution Management
Calculation and submission of employer and employee contributions.
Challan Generation
Assistance in generating payment challans for ESI and EPF deposits.
Filing of Returns
Timely filing of ESI and EPF returns to meet statutory deadlines.
Record Maintenance
Maintaining accurate records of employee contributions and compliance reports.
Compliance Audit Support
Assistance with audits to ensure your records meet regulatory requirements.
Employee Support
Generating ESI cards and EPF passbooks for employees and assisting them with claims.
Benefits of Choosing Us
Expertise in Compliance
We ensure error-free filing to minimize the risk of notices or penalties from the tax department
Time and Cost Efficiency
Outsourcing ESI and EPF management saves time and reduces administrative burden.
Customized Solutions
Services tailored to your business size, structure, and industry.
Transparent Pricing
No hidden costs, ensuring a clear and affordable service experience.
Employee Provident Fund (EPF) withdrawal
We are India's most trusted tax filing platform. Our team goes through in-depth training to help you plan and minimize your tax liability. We are propelled by our expertise in simplifying online ITR filing for you
Who Can Benefit From Our Services?
- Small and medium-sized businesses (SMEs)
- Startups setting up employee benefit structures
- Large organizations with complex employee benefit requirements
- HR and payroll administrators seeking expert support
Simplify ESI & EPF Compliance with Us
At ABN Taxation and Investment Solutions, we take the complexity out of ESI and EPF compliance, allowing you to focus on growing your business.
Contact us today to learn more about our ESI and EPF services or to schedule a consultation with one of our experts.
Frequently Asked Questions
Every establishment who has number of employee’s are 20 or more, is require to get registered under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952.
Every employer should deduct and contribute in EPF for the employees whose basic salary is equal to or less than Rs. 15000 per month.
12% of basic salary or Rs. 1800 per month whichever is lower.
The establishment where number of employee’s are 10 or more, shall take registration under ESIC.
3.25% of gross salary is contributed by employer for each employee.
0.75% is deducted from each employee’s gross salary as ESIC contribution.
Every employee whose gross salary is Rs. 21000/- per month or less.