Provident Fund Registration Services
Small Scale Industry (SSI) Registration is an official certification issued by the Ministry of Micro, Small, and Medium Enterprises (MSME). This registration grants businesses access to exclusive government schemes, financial assistance, tax benefits, and subsidies designed to support small enterprises. SSI registration also enhances business credibility and facilitates easier access to loans and incentives tailored for small businesses.
- The Employees' Provident Fund serves as a safety net, enabling workers to set aside a fraction of their earnings for future advantages.
- Under the Employees’ Provident Funds and Miscellaneous Provisions Act of 1952, businesses are obligated to provide an EPF (Employees Provident Fund) to their workforce, functioning as a retirement savings avenue. Companies with a headcount exceeding 20 employees must undergo EPF registration.
- Payment: 15th of every month
- Returns: May 25th of every month
- These were the documents filed by the company. The employee has to submit two copies of the family photo.
- For PF Registration eligibility, organizations must meet the subsequent conditions:
Benefits of Pension Coverage
- By contributing to EPF, an employee gains a substantial pension, as the employer matches this contribution, encompassing the Employee Pension Scheme (EPS).
Risk Protection
- Provident Fund provides financial security during challenging times such as illness, loss, or retirement, safeguarding the employee's dependents.
Unified EPF Account
- Facilitate easy PF transfers when changing jobs. The Universal Account Number (UAN), linked with Aadhar, streamlines account linking, allowing the continuity and compounding of returns.
Financial Safety Net
- EPF funds serve as a crucial resource during unforeseen circumstances, including emergencies, health issues, or significant life events like weddings or education expenses, with online claim facilities available.
Employee Deposit Linked Insurance
- Individuals with a PF account qualify for this insurance scheme, with only a minimal 0.5% salary deduction as the premium.
Long-Term Financial Planning
- Utilize the PF account to achieve enduring objectives, such as real estate investments or securing a future for children.
Accessing EPF Balance Details
- Members can effortlessly check their PF details by giving a missed call to 011-22901406 from their registered number if linked with UAN, bank account, PAN, or Aadhar.