EPFO/ESIC Monthly Return – Tax Crafted Solutions

EPFO & ESIC Monthly Return Services

Streamline your payroll compliance. Expert filing of monthly Provident Fund and Employee State Insurance returns.

What are Monthly Returns?

Filing monthly returns for EPFO (Employees’ Provident Fund Organization) and ESIC (Employees’ State Insurance Corporation) is a vital compliance requirement for businesses with eligible employees. These returns ensure that employee contributions towards provident fund and health insurance are accurately reported and maintained.

At Taxcrafted Solutions, we provide expert services to streamline this process. We handle the calculation of contributions, preparation of challans, and timely filing of returns to ensure your business remains 100% compliant and penalty-free.

Our Services

Why Choose Us?

Seamless Compliance Process

We manage the complexities so you can focus on your business.

Contribution Calculation

Accurate computation of employer and employee shares based on salary structures to prevent discrepancies.

Online Filing

Timely submission of returns through the unified Shram Suvidha Portal and ESIC portal.

Employee Management

Assistance with adding new employees, updating KYC details, and managing exits on the portal.

Avoid Compliance Headaches

Partner with Taxcrafted Solutions for accurate and timely monthly return filings.

Frequently Asked Questions

Key details about Monthly Compliance for PF & ESIC.

What is the due date for filing monthly EPF and ESIC returns?

The due date for filing and paying the monthly contributions for both EPF and ESIC is the 15th of the following month. For example, the return for April must be filed by May 15th.

What happens if I delay the monthly return filing?

Delayed payments attract interest u/s 7Q (12% p.a.) and penal damages u/s 14B, which can range from 5% to 25% depending on the period of delay. It is crucial to file on time to avoid litigation and penalties.

Do I need to file a return if I have no employees for a month?

Yes, if you are registered under the act but have no eligible employees for a specific month, you must file a “Nil Return” to inform the department. Failing to do so may result in compliance notices.

What data is required for filing the monthly return?

You need to provide the Wage Register (Salary Sheet) containing details like Gross Wages, Basic + DA, number of days worked, and UAN/IP numbers for all employees.

After uploading the ECR (Electronic Challan cum Return) on the Unified Portal, a challan with a unique TRRN number is generated. This can be paid via Net Banking through the portal.

If you withdraw EPF after 5 years of continuous service, it is tax-free. If withdrawn before 5 years, TDS may be deducted if the amount exceeds ₹50,000, unless you submit Form 15G/15H.