Provident Fund Registration Online Mumbai
Need of PF Registration for Businesses Need of PF Registration, The Role of PF Consultant and Benefits of PF Registration Online Mumbai Registering for the Provident Fund (PF) is essential for businesses in India, ensuring compliance with the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. Understanding PF Registration PF registration is mandatory for establishments employing 20 or more employees . However, businesses with fewer than 20 employees can opt for voluntary registration, which provides additional benefits to their workforce. Our team at Kaizen Consultancy Services is well-equipped to guide you through both mandatory and voluntary registration processes. Rules for PF Contribution Contribution Percentage : Both the employee and employer are required to contribute 12% of the employee's basic salary plus dearness allowance (DA) towards the EPF account. For employees earning above ₹15,000, registration is optional and ...