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Provident Fund in India, PF
Provident Fund in India, PF
Retirement security is often compared to a three-legged stool supported by Social Security, employer-provided pension funds, and private savings.
-Sander Levin-
The Employee Provident Fund (EPF) is a retirement benefits scheme in which employees of an organization contribute a small portion of their basic pay monthly. In the same line, the employer also contributes a similar amount on their behalf towards the scheme.
How it is done?
Provident Fund Registration is done by Employer for Employee Provident Fund is useful to for Employee after their Retirement. In Provident Fund 50 % amt PF is contribute by employee from their salary and remaining 50% Amt of PF is contribute from Employer.
Provident fund Registration is done all type of Sector whether it may be Private Limited, Government Limited. It is mandatory for all entities to get registered with Provident Fund Department within a month as the employees count reaches 20. Any delay may result in a penalty.
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Provident Fund Based on.
• Pf Claim
Other Business Services
• GST • GST Returns • GSTN
• Trademark • Logo Registration
• ITR Filing • ITR Return
• FSSAI License • Food License
• Shop License • Gumasta License
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ESIC Registration
Are You want to ESIC Registration
Register of Attendance of the Employees
2. Form 6 - Register
3. Register of wages
4. Register of any accidents which have happened on the premises of the business
5. Monthly returns and challans.
PF Claim
EPF withdrawal claim is made by an employee if he is unemployed or when he retires. 75% of the EPF balance can be withdrawn after one month of unemployment and the remaining 25% can be withdrawn after two months of unemployment. You can make a withdrawal claim by filling the EPF withdrawal form online.
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