PF Registration

With the help of EPF expert from Indiabizfiling register EPF & avail benefits from Govt. of India. The Government of India will pay the employer and employee contribution to EP account of employees for another three months from June to August 2020. The benefit is for establishments with up to 100 employees and where 90% of those employees draw a salary of less than Rs 15,000 per month. The contribution to EPF is reduced to 10% from 12% for non-government organizations.

PF registration for Employer is compulsory if:-

• He owns a factory having 20 or more people, or
• Any other organization / foundation with 20 or more employees or
• The class of such organizations whom the Central Government may, by notice would specify for compulsory EPF employer registration.

• PF Return: Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.
• PF Payment: Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. For most entities, the PF rate of 12% would be applicable.
• UAN: The Employee Provident Fund has launched the Unified Portal to streamline and simplify all aspects of provident fund for both employers and employees. Employees who have the newly allotted UAN can use the Unified Portal for various services.