What is EPF (Employees Provident Fund) ?

EPF is implemented by the Employees Provident Fund Organization (EPFO) of India. EPFO is a statutory body of the Indian Government under Labour and Employment Ministry. All establishments which employs 20 or more employees is under obligation to extend the coverage of PF Scheme to its employees. The capacity of 20 includes contract employees like housekeeping, security or other contractual workers in the business. Few companies are exempted as per section 1 of Employees’ Provident Fund and Miscellaneous Provisions Act 1952.

Documents required for EPF Registration

  • Documents Required for GST Registration

    Documents Required

    • PAN details of organisation
    • Copy of certificate of incorporation or partnership deed
    • Public and Private Limited Companies need to submit a copy of memorandum and Articles of Association
    • Proof of incorporation – first sales invoice/ license issued by competent authorities
    • Salary details of employees
    • Copy of bank statement/Passbook

EPF Registration Process

  • Step 1

    Provide us with all the scanned copy of all the requisite Documents online by mail

  • Step 2

    Our EPF expert will check the whether all the documents are complete as required and inform you if any discrepancy

  • Step 3

    Our EPF expert will prepare the application and submit it to concerned EPF office

  • Step 4

    After EPF Registration is completed we will send you the PF code number.

Our Prices

PF Registraion

Basic

ESI or PF registration for businesses having less than 20 employees.

7499 .00

Inclusive of all taxes

Advanced

ESI and PF registration for businesses having less than 20 employees.

14499 .00

Inclusive of all taxes

Premium

ESI and PF registration for businesses having less than 50 employees.

22499 .00

Inclusive of all taxes

Frequently Asked Questions

It is social security legislation for the future benefit of employees and their dependants in case of unfortunate incidents occurring in the future.

The RPFC (Regional Provident Fund Commissioner) allots the PF number to an organisation that enrols with it. For Delhi based companies this number could be DL/92803.
In addition to this, the employer allots a separate number to each individual employee. The employee’s PF Account number would then be DL/92803/123 (Example).

Provident fund contribution by the employer & employee is not a taxable income for Income Tax purpose.

12% of the basic salary deposited in provident fund account is contributed by employers, whereas out of employee contribution of 12%; 3.67% is contributed to provident fund and 8.33% is submitted in Pension scheme.

Any company which has 20 or more employees is required to be registered with the PF Department.

12% of the basic salary deposited in provident fund account is contributed by employers, whereas out of employee contribution of 12%; 3.67% is contributed to provident fund and 8.33% is submitted in Pension scheme.

Employees drawing basic salary upto Rs 15000/- have to compulsory contribute to the Provident fund and employees drawing above Rs 15001/- have an option to become member of the Provident Fund .

Yes because provident fund contribution by the employer & employee is not a taxable income for Income Tax purpose.

Compound interest as declared by the Govt. is given for every year of service.

Persons employed by or through a contractor are included in the definition of “ employee ” under the Employee’s Provident Finds Act, 1952, and as such, they are covered under the Scheme.