Payroll management in India involves navigating a complex web of regulations and contributions. Two essential elements that every employer must grasp are the Provident Fund (PF) and Employee's State Insurance (ESI). These schemes, introduced by the government, aim to provide financial protection to both employees and their families. The PF scheme
Comprehending PF and ESI Importance for Payroll Compliance in India
Payroll management in India involves adhering to intricate legal obligations. Two key components of this compliance are the Provident Fund (PF) and Employee's State Insurance (ESI). Understanding the importance of PF and ESI is crucial for every organization operating in India. The Employees' Provident Fund Organisation (EPFO) manages the PF schem