EPF - Employee Provident Fund Registration @ Professional fee - Rs 2500 only Time for Registration - 1 day EPF CODE License with Life Time Validity. Call / Whats App - 9665667006 Email - epfindia.net.in@gmail.com
The Employees Provident Fund (EPF) is a Contributory fund with contributions from both the employee and their employers.
While the focus of the ESI scheme is healthcare, Provident Fund is focused towards post Retirement Income and Benefits.
EPF is a compulsory and contributory fund for Indian organizations under “The Employees’ Provident Fund and Miscellaneous Provisions Act 1952”.
For EPF, both the employee and the employer contribute an equal amount of 12% of the monthly salary of the employee.
1) Applicant Aadhar ( Proprietor / Partner / Director) 2) Applicant Pan card ( Proprietor / Partner / Director) 3) Bank passbook/statement/ Cheque copy 4) Business Address proof - Light bill 5) MSME registration Certificate / Shopact copy
The contributions by the employee and employer are divided into two separate funds:
– EPF (Employee Provident Fund) and
– EPS (Employee Pension Scheme).
– Basic wages, – Dearness Allowances (DA), – Conveyance allowance and – Special allowance. The employers monthly contribution is restricted to a maximum amount of Rs 1,800. Even if the employee’s salary exceeds Rs 15,000, the employer is liable to contribute only Rs 1,800 (12% of Rs 15,000).
