EPFO, or the Employees' Provident Fund Organization(EPFO registration),
administers the EPF. In India, a company may register for PF if it has twenty or more workers.
Businesses with fewer than 20 employees may still be able to register for PF, depending on the nature of their operation and any applicable exemptions. Upon retirement or resignation, the Employee receives a sum including their contribution and the employer's contribution, plus interest.
Within one month of reaching the strength threshold, the employer must register... business is still subject to the Act.
Twelve per cent (12%) of the employee's base salary... contribution based on their base income.
An estimated Rs15,000 of the employer's contribution goes toward the Employee's Pension Scheme...
Contributions must be paid by 15th of every month. EPF provides tax-free returns and secure savings.