PF Registration

An important tool for aiding the savings of the workforce is EPF or Employees Provident Fund. EPFO or Employees Provident Fund Organisation of India manages the Provident Funds of the employees under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Once an establishment employs 20 or more people, it becomes mandatory for the organization to obtain a PF Registration. The total contribution to the PF fund is 12% of basic salary plus DA plus retaining allowance by employee and employer both.