1 of 1

PF Registration

PF Registration is applicable for all organization which employs 20 or more employees.

An important tool for aiding the savings of the workforce is EPF or Employees Provident Fund. EPFO or Employees Provident Fund Organisation of India manages the Provident Funds of the employees under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Once an establishment employs 20 or more people, it becomes mandatory for the organization to obtain a PF Registration. The total contribution to the PF fund is 12% of basic salary plus DA plus retaining allowance by employee and employer both.

Advantages of PF Registration

Statutory Guidelines adherence – PF Registration helps businesses adhere to statutory guidelines since it is mandatory for businesses with over 20 employees.
Employee savings – It aids savings for employees by maintaining a regular fund contribution from both employer and employees.
Fund availability – Contributions to Provident fund can be withdrawn by employees in their time of need such as medical emergency, marriage expenses, education, etc.
Tax benefits – The interest earned on the Provident fund savings are tax-free and the contributions to the fund are deductible from salary.
High safety – The PF amount is safe and secure from any market variations and employees are assured a return on their principal amount.

Price

Buy here

PF Registration is applicable for all organization which employs 20 or more employees.

Advantages of PF Registration

Statutory Guidelines adherence – PF Registration helps businesses adhere to statutory guidelines since it is mandatory for businesses with over 20 employees.
Employee savings – It aids savings for employees by maintaining a regular fund contribution from both employer and employees.
Fund availability – Contributions to Provident fund can be withdrawn by employees in their time of need such as medical emergency, marriage expenses, education, etc.
Tax benefits – The interest earned on the Provident fund savings are tax-free and the contributions to the fund are deductible from salary.
High safety – The PF amount is safe and secure from any market variations and employees are assured a return on their principal amount.

eStartIndia.pvt.ltd