PF Registration

WHEN A COMPANY OR ENTITY OR ESTABLISHMENT  HAVE 20 OR MORE EMPLOYEES THEY HAVE TO COMPLY A MANDATORY REQUIREMENT TO REGISTER THEMSELVES UNDER PROVIDENT FUND SCHEME WHICH IS COMMONLY KNOWN AS EMPLOYEES PROVIDENT FUND SCHEME AND IT IS CONTROLLED AND GOVERNED BY THE EMPLOYEES PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT,1952.ONE OF THE ORGANISATION WHICH IS SPECIFICALLY DESIGNED OR ESTABLISHED FOR THE PURPOSE OF CONTROLLING THE EMPLOYEE PROVIDENT FUND SCHEME IS EMPLOYEES PROVIDENT FUND ORGANISATION(EPFO).THERE IS SOME SPECIFIC OR CERTAIN CIRCUMSTANCES OR EXEMPTIONS AVAILBLE FOR THE CONDITION OF 20 OR MORE EMPLOYEES IN THAT CASE YOU HAVE TO REGISTER YOURSELF EVEN IF YOU HAVE LESS THAN 20 EMPLOYEES WHICH MEANS EVEN THE VOLUNTARY REGISTRATION CAN ALSO BE DONE.

THIS SCHEME OF PROVIDENT FUND IS BASICALLY A PERK OR SOCIAL SECURITY FUND FOR THEIR FUTURE IN WHICH FUND IS DEPOSITED BY EMPLOYEES AND EMPLOYERS IN INDIA IN THEIR DEFINED RATIO.

A PROVISON IS MADE FOR THE SCHEME FOR THE CONTRIBUTION THAT IS THE EMPLOYEE AND EMPLOYER HAVE TO CONTRIBUTE EQUALLY TOWARD THE SCHEME A CERTAIN CONTRIBUTION AMOUNT.WHICH IS AVAILABLE TO THE EMPLOYEE AT THE TIME OF HIS /HER RETIREMENT OR RESIGNATION ALONG WITH INTEREST ON CONTRIBUTION.

MAKE APPOINTMENT
HIGHTLIGHTS