Provident Fund (PF) Registration and Employees State Insurance (ESI) Registration is essential for businesses employing more than 10 employees

PF/ESIC Registration is compulsory for labour intensive business

Factories and Manufacturers need to comply with PF/ESI Registration

Includes Government & Professional Fees

Volks Phantom can help your company to obtain and manage ESI Registration but before that you should have knowledge about PF ESI registration, all the information regarding ESI is given below.

Provident fund ESI is a self-supporting health insurance and social security scheme for Indian workers, for all employees earning INR 21000 or less per month as wages, the employer contributes percentage is 4.75 and employee contributes percentage is 1.75 then the total share is 6.5 percentage. This fund is managed by the ESI Corporation according to regulations and rules set there the ESI Act 1948, which oversees the provision of medical and cash benefits to the family through its large network of branch offices, dispensaries and hospitals throughout India. ESI is an independent corporation under Ministry of Labor and Employment, Government of India. But the majority of the dispensaries and hospitals are run by concerned state governments.

Employees registered under the ESI enjoy a variety of benefits under the system, employee enjoy medical attendance and treatment for the person insured and their families including full range of surgical, medical and obstetric treatment, supply of all ambulance services, drugs, super-specialty consultation, etc., In addition, to the medical care, insured persons also enjoy sick pay benefits. Registration with ESI provides the employee with benefits and improves worker morale.

Every company has to offer its employees an Employees Provident Fund which is similar to a retirement fund and it comes under the purview of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. EPF registration is compulsory for organizations that have more than 20 employees and VolksPhantom helps companies register for provident fund.

To be eligible for PF Registration, an association has to fulfill the following criteria:

Any business that wishes to apply for PF needs to submit the following documents:

You just need to collect the compulsory documents and send a copy of each document to us and the rest will be handled by the professional team at VolksPhantom from filing the form to verification processes and legal formalities, we handle it all!

PENSION COVERAGE: Besides the contribution of the employee to EPF, the employer adds an equal amount which is inclusive of Employee Pension Scheme (EPS).

COVER OF RISK: In case of illness, demise or retirement, Provident Fund helps the dependents of the employee by covering the financial risks they face in such situations.

EMERGENCY FUND: Emergencies are bound to happen at any point of time and EPF amount can be of great help during mishaps, illnesses, educational and weddings expenses.

SINGLE ACCOUNT: The account may be transferred while switching employments or it can be carried forward instead of being closed down, this uniformity ensures that the rate of return is compounded over the years.

EMPLOYEE DEPOSIT LINKED INSURANCE SCHEME: Any person who has PF account is eligible for this assurance scheme that

needs only 0.5 % of the salary deduction as premium.

EXTENDED GOALS: The PF account can be extremely helpful for long-term goals like setting up a fund for children or buying a property.

The Provident Fund can be a great support, safety and assurance for employees as it offers a sense of financial security to the employees. It is regulated by the Employees’ Provident Fund Organization (EPFO), which is also one of the most well known and biggest Social Security Organization in India. They handle vast amounts of financial transactions on a daily basis. The procedure of applying for the provident fund is also not a difficult task as long as you have a professional to help you sort things out.

We at VolksPhantom guarantee that you do not have to go through the legal complexities of registering for PF. Once we get the information and the documents, our experts fill the forms perfectly and submit them on time. Our teams take the responsibility of follow-ups and deliver you the PF number at the earliest time as possible.

Our expert will be your advisors for PF registration and help get the PF number in 5 to 10 business days and on the very first consultation, which is free of any charge and you can reach us on +91 7075727315 or mail us on info@volksphantom.com, we pledge easy working at the most economical prices.

Volks Phantom offering PF ESI Registration service and other startup registration services like Change Company Name, Import Export Code | IEC Certification, Change, Add or Remove Company Director, One Person Company Compliances, ISO Certification, Nidhi Company Compliances, Digital Signature Certificate, Director KYC Verification, GST Registration, Private Limited Compliance, Producer Company Registration, Trademark Registration, DIN Activation, Chartered Accountant Consultation, One Person Company Registration, 12A 80G Registration, LLP Registration, Commencement of Business Certificate, Copyright Registration, Close or Winding Up Of a Company, GST Surrender, NGO Compliances, LLP Annual Compliance Service, MSME Udyog Aadhaar Registration, Partnership Firm Registration, Society Registration, Income Tax Return Filing, Change Company Address or Registered Office, Nidhi Company Registration, Section 8 Foundation Registration, Public Limited Company Registration, Food License (FSSAI) Registration, Company Registration, Producer Company Compliances, Private Limited Company Registration, Startup India Registration, GST Return Filing, FCRA Registration, Public Limited Company Compliances, Sole Proprietor Registration, NGO Registration, Trust Registration, Section 8 Company Compliances, etc for fresh startups and entrepreneurs. We offer the cheapest and fastest professional services in all states like Manipur, Gujarat, Bihar, West Bengal, Dadra and Nagar Haveli, Puducherry, Chhattisgarh, Andhra Pradesh, Daman and Diu, Tamil Nadu, Telangana, Jammu and Kashmir, Mizoram, Haryana, Sikkim, Rajasthan, Andaman and Nicobar Islands, Delhi, Goa, Arunachal Pradesh, Meghalaya, Madhya Pradesh, Uttar Pradesh, Andhrapradesh, Jharkhand, Himachal Pradesh, Odisha, Karnataka, Tripura, Assam, Punjab, Uttarakhand, Maharashtra, Nagaland, Kerala, etc. Our charges for PF ESI Registration in India is among the cheapest and most affordable. We deliver what we promise always.

Volks Phantom is building one of India’s largest financial services marketplace for SMEs and Startups. We understand the financial needs of startups, right from Company Registration to Fundraising, Debt Financing to Investor Relations Management and managing Government Compliances. To help SMEs and Startups start, manage and grow their business, we have a panel of Chartered Accountants (CAs) from across India. We bring you all of the services that a SME startup requires such as Registration, Trademark, ISO, FSSAI License, Startup India Registration, Loan Syndication, Insurance, GST Registration and Returns and everything at one place.

Volks Phantom offer fast professional service for all listed professional services. We know that entrepreneurs need quick service.

All our packages have been designed keeping new startups budget in mind. We offer best price across India

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If due to some reasons you want to stop your work and you have paid, us then we will refund entire amount expect Government Fees (If Paid).