Employees Provident Fund (EPF) Organisation
Employee provident fund is a saving platform managed by Employee provident fund organization(EPFO) which is an independent body developed by the law under the Ministry of Labour and Employment, Government of India. Any employer having more than 20 employees who have a maximum salary of Rs. 15000/- has to mandatorily list itself with the EPFO.
For all the employees falling under this scheme, employer has to contribute 12% and employee has to contribute 12% of his salary. Employees registered under this scheme enjoy a wide range of benefits such as:-
- Builds up employee saving corpus.
- In case of marriage, education of self, child or sibling- Member can withdraw 50% of contributions made.
- In case of purchase of house, maintenance of house or repayment of home loan -Member can withdraw from EPF corpus.
- On retirement, member of this scheme gets benefits of pension
- In case of resignation, employee can still enjoy interest on his PF contribution and his employee PF contribution.
We at helpurstartup.in helps your organization to register for PF.
EPF Registration @Rs. 5999/-
What is included in Our Employees Provident Fund (EPF) Package
Completion of registration
Procedure for Employees Provident Fund
Complete our Simple Form
You are required to fill in the details in our simple online questionnaire.
Submit Your Documents to us
To proceed further, you have to us send all the required documents via mail.
Submission of application by us
We will fill all the required applications and file them with PF department.
Your work is now completed
Price For Employees Provident Fund (EPF)
Frequently Asked Questions
Employer has to register with 15 days of applicability of act.
It is mandatory for employer to register under EPF once employer fall under the category.
Contribution is to be paid within 21 days of last day of month for which contribution is due.
Employer has to pay simple interest at rate of 12% pa in respect of each day of default.
A factory or establishment can get exemption from EPF coverage when they cover their employees with substantially similar or better benefits than this ACT. For exemption; factory or establishment has to apply every year to the Government. Government in consultation with EPF may grant exemption to the factory.
4-5 working days are required for registration under this act.
Factory or establishment registered under his act has to comply with various compliances such as deposit of monthly contribution, half year return, annual return, up-dation of records with EPF authorities