PF Registration
The full form of PF is provident fund. It is a part of your salary which gets deducted every month and the same amount of money is added by your employer and deposited in your PF account on your behalf. It is as safe as money deposited in your bank account. Whenever you leave the job, you can apply and withdraw the saved money. We help you in this so that this can be done hassle free without any delay. We apply it on your behalf at the right time and get your hard earned money transferred to your account.
Send us your following details and we will get back to you
ABOUT PF REGISTRATION
Concept
The Employee Provident Fund is a liven given by the business to their workers far beyond their essential compensation.
Requirement
Provident Fund Registration has obligatorily required by any foundation have representatives at least 20.
PF Returns
Each foundation enroll under PF requires the documenting of month to month returns on 25th of consistently and yearly return before 30th April.
Universal Account Number
Each worker who is adding to EPF is distributed a 12-digit UAN which permits transportability of PF accounts starting with one boss then onto the next.
Monthly Deduction
12% of Basic Salary + DA will be deducted on month to month premise of the worker as for EPF
80C Deduction
Commitment towards EPF is qualified for derivation under area 80C which diminish assess ramifications of representative under pay impose on compensation.
BENEFITS OF PF REGISTRATION
- Risk coverage: The most central advantage of the Provident Fund is to cover the dangers representatives and their wards that may emerge because of retirement, a sickness or their demise.
- Uniform account: A standout amongst the most vital parts of the Provident Fund account that it’s transferable. It very well may be conveyed forward to some other place of work.
- Employee Deposit Linked Insurance Scheme: This plan is for all the PF account holders. As per it, 0.5% of the pay is deducted from the disaster protection premium.
- Long-term goals:There are some long haul objectives, for example, Marriage or advanced education that require the critical accessibility of assets. The collected PF sum comes helpful in such events.
- Emergency needs: There are sure unforeseen events like marriage or other family events, any mishappening or sickness that require critical fund. The PF sum can be of incredible help.
- Covers pension: Aside from the worker’s 12% commitment towards EPF, an equivalent sum is contributed by the business, which incorporates 8.33% towards Employee Pension Scheme (EPS).
HAVING DOUBT ?
TAKE FREE ADVISOR CONSULTATION
PACKAGES
FOR MORE INFORMATION CONTACT US ON
+91 7498268947