Statutory Registration / Provident Fund Registration :

Statutory Registration

Provident Fund Registration :

Employee Provident Fund (EPF) is a scheme by the government of India for the benefit of the Indian Employees. The EPF is governed by the Provident Funds and Miscellaneous Provisions Law, 1952 under the umbrella of Employee Provident Fund Organization popularly known as EPFO.

Establishments employing 20 or more employees in India are eligible to apply for Provident Fund (PF) registration. However, under certain circumstances and exemptions, establishments employing fewer than 20 employees are still eligible to apply for PF registration. Upon retirement or resignation, the employee receives an amount that includes both the employee’s contribution and the employer’s contribution with interest.

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Why should a business register for Provident Fund?


  •   Employee Welfare: It helps build a financial cushion for employees, promoting long term financial stability.
  •   Legal Compliance: Ensures that all the labour laws are kept in mind and followed which further keeps a business out of trouble and avoid penalties and legal consequences.
  •   Retirement Planning: Planning for retirement helps employees save in a systematic way, helping them prepare for life after retirement.


Who should register for Provident Fund?


  •   Employers: Every business with a specified number of employees are supposed to register for Provident Fund

  •   Employees: All eligible employees fall under the provident fund scheme and they contribute to their future financial well-being.


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