Now is the best time to register your employee EPF Account!
We have already registered 1K EPF Accounts in India!
Employees Provident Fund (EPF) is a social security scheme which is implemented throughout India and is regulated by the Employees Provident Fund Organisation (EPFO) which is formed by the mandate given by Employees Provident Funds Act, 1952. EPF is designed to offer social security benefits to employees of a particular organization and building stronger employer-employee relationship.
1. Companies having an employee base of 20 or more, within one month must register from the time of attaining this strength, in addition to certain penalties which are applicable for delay in EPF registration.
2. Co-operative societies must register if their employee strength increases to 50 or more.
3. Registered organizations whose strength falls below the minimum specified number will continue to be under the purview of the above act.
The Employees Provident Fund (EPF) and Miscellaneous Provisions Act 1952 categorically apply to factories/Industries specified in Schedule I or to any other establishments as specified by the central government engaging 20 or more employees. For the convenience of MSME and other small business or trade houses, EPFO has made the process of EPF registration online. Now one can register the Establishments, filing of monthly returns integrated with online payment of the contributions and charges.
First and foremost step is registering your company with EPFO. This can be done easily by visiting the website and register the organization with EPFO by clicking on the “ESTABLISHMENT EPF REGISTRATION”.
Once you complete the first page you will be redirected to the next page where you will find an “INSTRUCTION MANUAL”. It would be beneficial for every user to first download the manual go through all the technicalities involved and read the instructions properly before going further in the EPF registration process.
Once an employer has created its unique login credentials viz. the Universal Account Number [UAN] and password, then they can login anytime using them and download the instruction manual. One of the prerequisites for getting EPF registration online, one must avail the DSC [Digital Signature Certificate]. DSC is the safest way of signing a document and it authenticates the identity of the employer.
Clicking on “I have read the instruction manual” gives your consent that you have completely read all the details properly. Click on “REGISTER BUTTON”. This will redirect you to a new page where all the employer’s details need to be filled in. The fields marked with a red star are mandatory and needs to be filled in with due care.
Name: The name must be entered exactly as specified in the Income Tax Department documents. Any mismatch in the name will lead to rejection of your application.
PAN Card Details of Employer: After entering the PAN details of employer, a message will appear that shows employer is not registered previously. PAN will verify the name of the applicant and an online application will be permitted once your PAN details are verified.
User Name: You can choose a username of your choice. If that username is available then the system will accept the same or else you will have to choose some other username.
Mobile PIN: You will receive a PIN number on the mobile number which you have registered. Once you receive the link then click on “I agree to the above declaration”.
Activate E-mail: Verification of your email is must so as to submit your application. An email verification link will be sent to your given email id, you just have to click on the link and get your email id verified.
You can register with EPF by following the below mentioned process step by step:
By following these simple steps one could easily get EPF registration of their employees.
EPF is a social security scheme which helps each and every employee to save a part of its income to meet its future needs.
EPF is mandatory for all the establishments but there are certain conditions which are to be met, such as:
EPF account registration is mandatory for all the establishments but there are certain conditions which are to be met, such as:
You can check the Employees provident fund balance by getting your Universal account number (UAN) and verifying the same.
Once you receive your UAN you can easily check all the transaction in your EPF account online by visiting the EPFO website. EMPLOYEES' PROVIDENT FUND ORGANISATION
Yes, EPF contribution is mandatory for those who have a salary upto INR 15,000 and those earning salary above 15,000 can voluntarily opt for the scheme.
EPF UAN Registration is unique number which is allotted to an individual once he becomes a member of EPFO. EPF account registration will deliver you EPF-UAN number which will help you in accessing all the service related to your EPF account online. EPF account services such as; withdrawal, checking EPF Balance, EPF UAN Registration EPF Loan application, Checking your EPF Balance etc. will be done only when EPF account registration is done.
© Copyright CAONWEB All Rights Reserved