PF & ESI Accounts Monitoring Responsibility

balapmurugan

Is the PF and ESI accounts monitoring responsibility generally lies with Finance function or HR function of the company. What is the generally adopted practice.
21st January 2023

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PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION

Rupeshkumar.kiran

Employee

Balapmurugan

Srinath Sai Ram

Hr Manager

Srinath Sai Ram

606

Dear Mr Balamurugan, Payment of ESI, EPF Contributions is normally done by Finance Dept. Uploading, Compliance responsibility is normally done by HR Dept.
22nd January 2023 From India, New Delhi

rupeshkumar.kiran

Dear Mr Balamurugan, HR Department is handling all these things i.e PF, ESIC, PT & Labour Welfare Fund. Account Department is only responsible for payment Processing. PF, ESIC, PT & Labour Welfare Fund falls under HR Dept.
23rd January 2023 From India, Warangal