Pf & esic

This query is : Resolved

deepakkumarsingh (Querist)
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25 May 2012 Dear Sir
We taken in Registration in PF & ESIC In Jan 2012 , for doing the contract job,
Pls note that vwe have showing 20nos. emloyee in EPF & 10 Nos. in ESIC .

Unfortunaetly we have not get any contract or job from the period Jan to till date.

Pls Clarify us can we Have required to deposit the PF & ESIC for this Period , and also required to file the Return.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 May 2012 Yes you have to deposit the PF & ESIC for this period. You are also required to file the return.

deepakkumarsingh

deepakkumarsingh (Querist)
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25 May 2012 But we have not Paid any wages inthis period.Jan'12 to till Date.

then how we have deposit the PF & ESIC for this Period.

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CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 May 2012 Ok if you have not paid any wages, then PF & ESIC are not to be paid.

deepakkumarsingh

deepakkumarsingh (Querist)
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25 May 2012 Spose we wil file the online Return of PF & ESIC & Show The Wages 0 for each employee due to Pf & Esic is online Now we are facing problem here that we have shown 20nos. employee & in EPF & 10 Nos. in ESIC.

If we Have Shown 20Nos employee In EPF & 10Nos. in ESIc. then it will be correct or not as per PF & ESIC Rules.
Pls Guide us.

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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10 August 2024 When dealing with Provident Fund (PF) and Employees' State Insurance (ESI), it is crucial to ensure compliance with statutory rules and accurate reporting. Here's how you should handle the situation:

### **1. ** Provident Fund (PF) Reporting:

**1.1. ** Number of Employees Reporting:**
- **Correct Reporting**: If you have shown 20 employees in the EPF returns, ensure that all these employees are correctly reflected in your PF records, and their wages are accurately reported.

- **Wages Reporting**: When you file PF returns online, the wage details should reflect the actual wages paid to employees who are covered under EPF. If you report a wage of `0` for each employee, it may lead to discrepancies and could be flagged by EPFO.

- **Verification**: Double-check that the total number of employees reported in the PF return matches with your actual records. Any discrepancies might attract queries or penalties.

**1.2. ** Actions to Take:**
- **Verify Records**: Ensure the employee details (name, EPF number, and wages) are correctly reported in the EPF system.

- **Correct Any Errors**: If you have mistakenly reported `0` wages, correct this by revising the return with accurate wage details.

- **Consult EPFO**: If you're unsure or face issues, it is advisable to consult EPFO for guidance or to make corrections.

### **2. ** Employees' State Insurance (ESI) Reporting:

**2.1. ** Number of Employees Reporting:**
- **Correct Reporting**: For ESIC, if you have reported 10 employees, make sure these are the correct employees covered under ESI.

- **Wages Reporting**: As with PF, ensure that the wage details for employees covered under ESI are correctly reported.

**2.2. ** Actions to Take:**
- **Verify Records**: Ensure that all employees listed in the ESI return are accurate and that wages are correctly reported.

- **Correct Any Errors**: If you need to make changes, revise the ESI return to reflect accurate details.

- **Consult ESIC**: If there are issues or discrepancies, consulting the ESIC office can help resolve them.

### **3. ** General Guidelines:**

**3.1. ** Ensure Accuracy:**
- Always ensure that the number of employees and their wage details are accurate in both PF and ESI returns to avoid penalties or compliance issues.

**3.2. ** Regular Updates:**
- Regularly update employee records and ensure that the data submitted matches with your payroll records.

**3.3. ** Compliance:**
- Stay compliant with both EPF and ESIC regulations to avoid any legal issues.

**3.4. ** Online Filing:**
- Make sure the online filing process reflects all the required data accurately. Mistakes in reporting can be corrected, but it’s best to ensure accuracy from the start.

### **Conclusion:**

In summary, ensure that the number of employees and their wages reported in both PF and ESI returns accurately reflect your payroll records. Any discrepancies should be corrected promptly. If there are specific issues or confusion, consulting with EPFO and ESIC can provide clarity and guidance.