Dear sir, I know that my accounts department provides PF and ESI and welfare benefits to the employees because I have seen the deductions in the salary but in HR, do I need to do anything else like register anything else and where?
From India
From India
14
I assume your question is based purely with respect of PF, ESIC, Welfare Benefit.
PF and ESIC act both require certain records to be maintained.
Now the same are directly generated in the online systems that have been implemented by PF and ESIC departments.
I assume that your accounts department has already been doing that. Better check with them that they have the relevant records and have generated the registers from the online system and saved the same.
For Welfare Fund, you need to maintain a detailed working (mostly every 6 months) of the employees who have worked at that time, how much is their monthly salary and therefore, how much deduction needs to be made.
From India, Mumbai
PF and ESIC act both require certain records to be maintained.
Now the same are directly generated in the online systems that have been implemented by PF and ESIC departments.
I assume that your accounts department has already been doing that. Better check with them that they have the relevant records and have generated the registers from the online system and saved the same.
For Welfare Fund, you need to maintain a detailed working (mostly every 6 months) of the employees who have worked at that time, how much is their monthly salary and therefore, how much deduction needs to be made.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls