Top ESIC & EPF Consultant and Epf Advisor | Esi Pf Consultants

When one is in business, it is very difficult to organize and oversee employees’ benefits so that they will be in compliance with the laws. The most important form of reward, which is mandatory in India, is the Employees’ Provident Fund (EPF) that is also a type of savings aid to employees. The EPF is governed by the Employees’ Provident Funds and Miscellaneous Provisions Act 1952 and is administered by the Employees’ Provident Fund Organisation (EPFO). In order to maintain legal compliance with EPF regulations, a business has to involve a competent EPF Advisor and a consultant in ESIC & EPF affairs.

Who is an EPF Advisor?

An EPF Advisor is a specialist who deals with the provision of advisory services to companies so that they can be in a position to manage their EPF exposure efficiently. They have good understanding on EPF regulations and would make sure that organizations are legally compliant with EPF regulations. These include calculation of EPF contributions, filing of returns and management of employee data among others for the business. They also have legal advice on EPF matters including eligibility of its employees, contribution levels and withdrawal Regulations.

What does an ESIC & EPF Consultant do?

ESIC & EPF Consultant is the title of an expert who is involved in the consultancy profession dealing with Employees’ Provident Fund and Employees’ State Insurance Corporations in organizations. They are conversant with both the EPF and ESIC laws to guarantee full compliance with statutory provisions. ESIC & EPF Consultants offer services including EPF registration services, ESIC registration services, contribution assessment, returns filing and keeping database records of employees. It also offers assistance on issues that surround the employee state insurance corporation including employee eligibility to contributor, contribution and benefit claims.

Hiring an EPF Advisor and ESIC & EPF Consultant has its own Advantages.

The following are benefits that hiring an EPF Advisor and ESIC & EPF Consultant can offer to business establishments; Some of the key benefits include:

Ensuring Compliance: EPF Advisors shall make sure that the Businesses do not infringe any EPF or ESIC rules or regulations i.e. No penalties/fines by checking all the regulations.

Reducing Administrative Burden: This brings efficiency since companies that outsource the management of EPF and ESIC to a consultant will be relieved from a number of responsibilities.

Accurate Calculations: EPF Advisors and ESIC & EPF Consultants maintain the proper and correct value for EPF & ESIC contribution and does not contain any mistakes.

Timely Filing of Returns: They assist in the submission of EPF and ESIC returns without the delay and thus there will be no penalties associated with the returns.

Expert Guidance: EPF Advisors and ESIC & EPF Consultants also deal with the EPF and ESIC and act as advisers to the organization to ensure businesses make good decisions.

An EPF Advisor and ESIC & EPF Consultant helps a company to stay within laws that were set down by EPF and ESIC. Outsourcing businesses calculate the work and costs involved in taxation and hire a consultant that can reduce all the administrative time and errors and also help business entities in escaping penalties or fines. If you own a business and need expert advice and service in EPF and ESIC matters? employ EPF Advisor and ESIC & EPF Consultant now.