Prabhakar & Co EPF & ESI Compliance, Simplified.

Experts in Employee Provident Fund (EPF) & Employee State Insurance (ESI) services for businesses.
Let us handle your compliance, so you can focus on growth.

7981426853
csprabhakarsastry@gmail.com

Get Started with EPF & ESI Compliance

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Statutory Definition of Employee & Wages

Key definitions and statutory rules applicable for employee wages, EPF & ESI calculations.

01

Employee Definition

"Employee" means any person (other than an apprentice engaged under the Apprentices Act, 1961) employed on wages by an establishment to perform skilled, semi-skilled, unskilled, operational, managerial, administrative, technical or clerical work for hire or reward. Includes persons declared employees by Government but excludes Armed Forces members.

02

Wages [Section 2(88)]

"Wages" means remuneration payable to an employee including:

  • ✔ Basic Pay
  • ✔ Dearness Allowance
  • ✔ Retaining Allowance (if applicable)
03

EPF & ESI Rule

For EPF & ESI calculations:

Wages = Basic + DA + Retaining Allowance ONLY

Excluded allowances must remain within the prescribed limit.

04

50% Rule

Excluded allowances such as HRA, Conveyance and Special Allowance should not exceed 50% of total remuneration.

If exceeded, the additional amount will be considered wages for statutory contribution calculations.

These statutory definitions are applicable for EPF, ESI contribution calculations and compliance purposes.

Expert EPF & ESI Compliance Support

From registration and monthly filings to inspections and notices, we provide end-to-end EPF & ESI assistance to keep your business fully compliant and stress-free.

EPF withdrawal claim form review and provident fund document processing
ESI withdrawal assistance with employee paperwork and benefit settlement guidance

Our Simple 3-Step Process

Compliance made simple, so you can focus on your business.

1

Consultation

Share your requirements and get a free compliance assessment.

2

Documentation

We collect, verify, and prepare all necessary documents for you.

3

Execution

We complete your registrations/returns and share all proofs.

Frequently Asked Questions

Find answers to common queries about our EPF & ESI services.

Testimonials

What our clients say about our EPF & ESIC consultancy services

HR Manager

HR Manager

Client Review

⭐⭐⭐⭐⭐

"Excellent EPF & ESIC consultancy services with timely compliance support."
Business Owner

Business Owner

Client Review

⭐⭐⭐⭐⭐

"Professional team with quick response and accurate monthly PF & ESI filings."
Operations Head

Operations Head

Client Review

⭐⭐⭐⭐⭐

"Reliable compliance partner for EPF registration and labour law support."
Startup Founder

Startup Founder

Client Review

⭐⭐⭐⭐⭐

"Affordable and trustworthy consultancy services for employers."
Accounts Manager

Accounts Manager

Client Review

⭐⭐⭐⭐⭐

"Highly recommended for PF & ESI compliance and payroll support."

Get In Touch

Ready to simplify your EPF & ESI compliance? Reach out to us today.