Get Online EPF Registration in India: A Comprehensive Review

In India, EPF or Employees Provident Fund is a scheme under the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 and it is regulated under the EPFO (Employees’ Provident Fund Organisation). All the establishments in India that have employed 20 or more than 20 employees can apply for PF Registration in India. In some instances subject to the conditions & the exemption establishments employing less than 20 are still eligible for EPF Registration in India. The employee gets an amount that includes the employer and the employee’s contribution with interest on resignation or retirement.
What is EPFO and its objectives?
EPFO stands for Employees’ Provident Fund Organisation and is a non-constitutional body that promotes employees to save funds for retirement and this organisation is governed by the Ministry of Labor & Employment, Government of India & was launched in 1951.

The following are the objectives of EPFO in India:

1: To make sure that every employee has only 1 EPF Account;

2: To ensure that online services are reliable and trustworthy & to make improvements in their facilities;

3: Encouragement & promotion of voluntary compliance;

4: Ensure that organisations follow all the rules & regulations laid out by the EPFO on a regular basis;

5: Compliance must be provided easily;

6: Claim settlements are to be reduced from 30 days to 3 days only;

7: For all EPF member accounts to be accessed online easily.
For more information, visit us on: https://www.registerkaro.in/