Description

As an employer, ensuring that your employees’ welfare is legally protected is vital. Employee Provident Fund (PF), Employee State Insurance Corporation (ESIC), and Professional Tax (PT) are mandatory registrations for businesses employing a certain number of employees. PF provides a retirement benefit to employees, while ESIC covers medical and health insurance for workers. Professional Tax is levied by state governments and must be deducted from employees’ salaries. Registration for these schemes ensures that you remain compliant with labor laws and offer financial security and healthcare benefits to your employees.