PROVIDENT FUND (PF) REGISTRATION
EPF is corresponding to a retirement plan which is offered by every company to its employees
Benefits of Professional Tax registration
- Pension Coverage- apart from contributing the EPF to the employee, the employer adds equal amount for the Employee Pension Scheme (EPS), thereby saving a bulk amount for pension.
- Cover of risk- it helps with any sudden financial crisis occurring in the persona life of the employee, for ex- demise, illness etc.
- Single account/one EPF account- one single account can be carried on for the whole term of an employee of his working tenure irrespective of the fact that they changed the company. The same account can be renewed using the Universal Account Number (UAN) linked to the aadhar will facilitate the linking of the previous account.
- Emergency Fund-during any financial need employee can claim this through online.
- Employee deposit linked insurance scheme- this insurance can be accessed by any person who has a PF account with initial deduction of 0.5% of their salary deduction as premium
- Extended goals-PFs are very beneficial for long term goals.
ONLINE PF REGISTRATION – AN OVERVIEW
A social security system that assists employees save a small portion of their salary for future benefits is called as employees’ provident fund. EPF is corresponding to a retirement plan which is offered by every company to its employees under the purview of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. A company holding more than 20 employees needs to compulsorily facilitate EPF Registration.
ELIGIBILTY FOR EPF REGISTRATION FOR INDIAN EMPLOYESS
- 1. A factory holding an employee strength of 20 or more
- 2. An establishment that has less than 20 employees and has been notified of compulsory registration for not less than 2 months
With a mutual agreement of the employer and the employee the company would apply for PF to the Central PF Commissioner. An official notice will be sent the starting day to the official gazette.
Checking the EPF balance-
- Registered members can get the details at the Employee Provident Fund available at the employee provident fund organization (EPFO) by just giving missed call to 011-22901406 from registered mobile number.
- If the members ‘s UAN number is linked with their bank account number, PAN card or Aadhar number, then they can receive PF contribution and previous contribution details.
- Active members of the UAN can get their previous EPFO balance and PF contribution by sending an SMS to 7738299899 from their registered mobile number.
ONLINE EPF REGISTRATION PROCEDURE FOR EMPLOYEES
- Gather all the information and documents of the employees
- Register establishment with EPFP
- Register digital signature certificate (DSC) of the employee
- Fill the details of the employee in the application
- Submit the form after verification
- Receive the registration certificate and universal account number(UAN)
DOCUMENT REQUIRED FOR PF REGISTRATION
All the requires documents are listed below-
-
PAN Card of establishment
-
Cross cancelled cheque of establishment
-
Water, electricity and telephone bill
-
Certificate of incorporation
-
Digital signature of the authorized applicant
-
In case of voluntary registration, consent of the majority of the employees
-
Specimen signature of directors and authorized signature
-
Address proof (name of the establishment)/ rent agreement
Reviews
Why Choose Us?
Happy Customers
Served more than 5000 customers with our service and have received positive feedback from them
Projects Completed
More than 1000 project has been completed successfully with the acceptance criteria being met . We deliver what we promise
Affordable
you will get professional service at an affordable price
Fast Service
All your service will be provided in a short interval of time with high accuracy
Quick Support
Queries will get sorted within 24 hours
