PF registration is applicable for all establishment which employs 20 or more persons. EPF scheme is governed under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 and regulated by Employees’ Provident Fund Organisation (EPFO). This registration can also be obtained on voluntary basis where employees are less than 20. The contribution by employer is 6% of (basic salary + dearness allowance + retaining allowance).
An equal contribution is payable by the employee. For most employees working in the private sector, it’s the basic salary on which the contribution is calculated. It is obligatory that employees’ drawing less than Rs 15,000 per month, to become members of the EPF. Nevertheless, an employee who is drawing a pay of more than Rs 15,000 can still become a member and make PF contributions, with the consent of the Employer.
PF REGISTRATION OVERVIEW
RETURN FILING
PF Return must be filed by all entities having registration every month by 25th. Final return is due on 25th of April for year ended on 31st March.
PF PAYMENTS
PF payments are due on 15th of every month. For most entities, PF rate of 12% is applicable.
UAN
Employee Provident Fund has launched Unified Portal to simplify all aspects of Provident Fund. Employee having new allotted UAN can use the portal for different services.
WITHDRAWAL
Employees can withdraw money in their PF account for different reasons by applying on portal.
OUR HAND IN EPF PROCESS
Compex help you get PF registration in 7-8 working days subject to government and client processing time.
APPLICATION PREPARATION AND SUBMISSION
Compex Expert will help you in preparation of PF application and necessary documents to be submitted along with. The application will be submitted and further follow up in process is done by our officials.
FINAL REGISTRATION
Compex expert will communicate the PF registration number and UAN for your employees provided by the PF department.
Full Administrative Tax Services Management
REACH YOUR POTENTIAL FASTER AND WITH EASE
We will take care of your accounting and administrative services and take the load off you.
REQUEST
A CALL BACK
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type
Do you have any question? Feel free to contact.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s