Welcome to PF & ESIC Consultant

Anshika & Co. is well renowned as PF & ESIC Consultant in all over India. We have adequate proficiency in providing consultancy services under ESI Act, EPF Act, Salary processing in and around Bihar and Maintenance of statutory records including applications; follow-up measures an eventual maintenance with all its attending problem. We have a team of about seven employees well versed & proficient to attend to these jobs.

What is PF

"PF (Provident Fund) is a mandatory government savings scheme for employees in India. It is designed to provide financial security to salaried individuals after retirement, with both the employee and the employer contributing 12% of the basic salary to the PF account every month."

Who NeedS PF Registration

  • ". Any entity, including shops, commercial establishments, factories, and industries that employs 20 or more people (including contractors, full-time, or part-time staff)."
  • ". Voluntary: Businesses with less than 20 employees may voluntarily register with EPFO to provide benefits like pension and insurance to their staff."
  • . The threshold applies to the total number of employees, not just permanent staff.

For Employee

"Employees whose salary is less than ₹15,000 per month are mandatorily required to be members of the Employees' Provident Fund (EPF). However, employees earning more than ₹15,000 in basic salary, along with their employers, can continue their PF contributions with mutual consent."

"Employees earning more than ₹15,000 can also choose to contribute based on the ₹15,000 limit or they can contribute based on their entire basic salary (Basic + DA), but this depends on the employer's agreement."

. The amount for the contribution of PF

"The standard Provident Fund (PF) contribution is 12% of the employee's basic salary plus dearnessallowance and retaining allowance. Both the employer and employee contribute this 12% rate. Of the employer's 12% share, 8.33% goes to the Pension Fund and 3.67% to the Provident Fund . "

The Breakup of the PF contribution

. Employee Contribution: 12% of Basic & Dearness Allowance

Employer Contribution: 12%

. 3.67%: Employees' Provident Fund

. 8.33%: Employees' Pension Scheme

. Particulers Rate Maximum
. EDLI Contribution 0.5% of Basis +DA ₹75/month
. EDLI Admin Charge 0.5% of Basis +DA Min ₹500/month

What is ESIC

"Employees' State Insurance Corporation is a self-financing social security and health insurance scheme for Indian workers. Administered by the Ministry of Labour & Employment, it provides comprehensive medical care and cash benefits to employees and their dependents in case of sickness, maternity, or work-related injury"

". Non-seasonal factories and establishments employing 10 or more persons (20 in some states) Establishment Types: Factories, shops, restaurants, hotels, cinemas, newspaper establishments, private medical/educational institutions, and road motor transport undertakings. Wage Limit: Employees with a gross monthly salary of up to ₹21,000 (or ₹25,000 for persons with disabilities). Covers full-time, part-time, and contractual employees. "

Applicable to employees with a gross salary/wage of up to ₹21,000 per month. For employees with disabilities, this limit is ₹25,000 per month.

. Employer: 3.25% of Gross salary

. Employee: 0.75% of Gross salary

Our PF Services

  • . PF Registration
  • . PF Return
  • . PF Withdrawal
  • . PF Death Claim
  • . PF 7A Case
  • . PF Transfer
  • . Any Details Correction of PF Account
Our ESIC Services
  • . ESIC Registration
  • . ESIC Return
  • . ESIC Inspection
  • Received the highest grades

"24*7 WhatsApp Support Samrt Solutions with Experience Team All types PF & ESIC Services"