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A Guide for Employers and Employees on EPF and ESIC Payment Compliance

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EPF (Employees' Provident Fund) and ESIC (Employees' State Insurance) are vital statutory welfare schemes that safeguard the financial and medical security of employees in India. Compliance with EPF and ESIC regulations is mandatory for employers, and it plays a crucial role in ensuring employee benefits such as retirement savings and healthcare. Both employers and employees need to understand the obligations and rights associated with these schemes.   EPF and ESIC Payment Compliance EPF Compliance   The Employees' Provident Fund (EPF) is a retirement benefit scheme designed to help employees save a portion of their salary for the future. Under EPF compliance, both the employer and the employee contribute 12% of the employee’s basic salary and dearness allowance towards the EPF account. This contribution is managed by the Employees' Provident Fund Organization (EPFO). Employers must ensure timely submission of contributions every month and accurate record-keeping f...
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The Best Labour Law Consultancy in Ahmedabad :Deep Labour Law

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  In Ahmedabad's growing corporate and industrial environment, adherence to labor laws is  crucial for efficient company operations. For managing intricate labor legal requirements, Deep  Labor legal , one of the best consultancy in this region, has established a solid reputation as  the most dependable and trustworthy partner.  Labour Law Consultancy Deep Labour Law specializes in delivering comprehensive solutions for labour compliance, including: Contract Labour Compliance: Ensuring compliance with the Contract Labour (Regulation and  Abolition) Act, including documentation and licensing requirements.  Statutory Compliance: Controlling the minimum wage, PF, ESI, and gratuity laws. Labour Audits: To detect and reduce risks, thorough compliance audits should be conducted. Payroll Compliance: Help to manage payroll to comply with legal requirements. Employee Welfare Services: Provide solutions for statutory benefits such as leave encashment ...
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Location: Odhav, Gujarat, India
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BOCW License Compliance Support Services

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  What is BOCW?         The Indian government passed the Building and Other Construction Workers (BOCW) Act, 1996, as a major piece of legislation to control employment, working conditions, and worker welfare in the construction industry. The purpose of the Act was to address the particular risks that construction workers experience because they frequently operate in dangerous environments and usually lack access to social security or basic health and safety precautions. BOCW License Compliance          Millions of people labor in India's construction sector, the most of them are employed in unorganized sectors. These laborers are vulnerable to exploitation and carelessness since they frequently operate without formal contracts, receive poor pay, and experience irregular employment.          The BOCW Act was created in recognition of these problems in order to guarantee that ...
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Location: Odhav,Gujarat, India
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