Employees Provident Fund

Employees Provident Fund

Employees Provident Fund commonly known as EPF, any employer can register for PF Registration under EPF Act 1952. EPF Registration number is applied online and all its compliance related filing is also done online.

Start With Confidence
CA/CS Assisted | 4.8/5 Rating

pf registration, pf return filing, employees provident fund, pf online addition and deletion, pf notices reply, pf return compliance

Employees Provident Fund (EPF) Registration

Employees Provident Fund (EPF) is governed by Employees Provident Fund and Miscellaneous Provisions Act 1952 and regulated by Employees Provident Fund Organisation India; EPFO is established under Ministry of Labour & Employment, Government of India.

All such organisations which employs 20 or more than 20 employees shall mandatorily required to get registered for EPF and comply with the provisions of EPF. Provident Fund (PF) is a social security scheme or a retirement saving scheme which mandate every registered organisation to contribute to the Provident Fund of the employee, which in turn will benefit the employee after his superannuation age or at the time of need.

To apply for registration of EPF, user need to file online application form that can be accessed from EPFO (Employees Provident Fund Organisation) Portal epfindia.gov.in. EPFO has discontinued the registration application through offline i.e. physical mode, all the application for registration need to apply through online route only. The registration of employers at EPFO is routed to registration.shramsuvidha.gov.in this portal is initiative of Ministry of Labour & Employment, Government of India.

The Government of India is continuously working on reducing the compliance burden and ease of conducting business in India, in this initiative, newly incorporated companies can apply for EPFO registration number online at the time of incorporating the company just by providing consent and allowing MCA (Ministry of Corporate Affairs) to generate EPFO number along-with registration of Company. Post getting EPFO number by newly incorporated companies, they need to comply with Employees Provident Fund and Miscellaneous Provisions Act only when they cross the threshold limit of employment.

All the monthly and annual return relating to EPF are filed online on the portal of EPFO which can be accessed on epfindia.gov.in. To provide easy access to its users EPFO has categorised its services for employers and employees.

Services for Employers available on EPFO portal are Filing of monthly returns accessible through secure user credentials, member passbook, establishment search, TRRN search, other relevant information available on the dashboard after user login.

Employees can also get their user credentials registered on EPFO portal using their UAN number, UAN is Unique Account Number allocated to employees, this UAN remain unchanged during the entire lifetime of the employee irrespective of the fact the employee change its organisation. Services for Employees available on EPFO portal are access to member passbook, Employee personal details; other relevant forms are available online for change in organisation, withdrawal from EPFO and other related services.

Registration requirement for employers for EPFO are:

  1. Name, registered address, corporate address and all branches / division address is required if the payroll of all employees are centralised.
  2. Date of incorporation of the entity and date from which the requirement to register under EPFO arises.
  3. Total employees strength
  4. Business activity including location wise, i.e. activity undertaken in factory and activity undertaken in corporate office.
  5. Director / Partner / Manager / Key Managerial Person Details
  6. Employee’s details including their PAN and aadhaar in order to generate UAN.
  7. Bank account details of the organisation

With the ever changing the Law and regulatory requirements, we keep on track and advise the same on timely manner in order to ensure proper compliance. We at ReturnFilings.Com will understand the purpose of your EPF registration in India and thereafter will provide you detailed analysis mentioning the law requirement and compliance need to fulfil in order to operate it economically and efficiently. We at ReturnFilings.Com will provide you details of regulatory filings in order to ensure proper smooth and timely compliances. We at ReturnFilings.Com are determinate to provide end to end solution; our motto is you concentrate on your business while we at ReturnFilings.Com will take care of all your compliance need.