Provident Fund Registeration

Description

Employees Provident Fund is an employee benefit scheme that is controlled by the Provident Funds and Miscellaneous Provisions Act,1952 and regulated by Employees Provident Fund Organization popularly known as EPFO.

All establishments that have employed 20 or more than 20 employees can apply for PF registration in India. In some cases, subject to the circumstances and the exemption establishments employing less than 20 are still eligible for PF registration. 

Contribution: minimum contribution is 12% of basic salary (may be capped at Rs.15,000) by employees as well as employer.