PF Registration
PF registration is mandatory for businesses with 20 or more employees
Businesses with 20 or more employees must register with the Employees' Provident Fund Organization (EPFO) to participate in the Provident Fund (PF) scheme. Businesses with lesser than 20 employees can voluntarily register for PF benefits.
Penalties for late registration:
Employers must obtain registration within one month of reaching the required number of employees, or they may face penalties.
Benefits of PF registration
PF registration provides financial security for employees and their families, and helps businesses meet legal requirements.
Once organisation registered under PF, employers receive a unique PF code that they use for various PF-related transactions. They are also required to file monthly returns to comply with regulations
