{"id":14393,"date":"2020-08-06T11:54:56","date_gmt":"2020-08-06T06:24:56","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=14393"},"modified":"2020-08-08T16:59:16","modified_gmt":"2020-08-08T11:29:16","slug":"procedure-for-epf-registration-in-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/","title":{"rendered":"Procedure for EPF Registration &#8211; A Step by Step Guide"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The Indian government will continue to pay employee and employer contribution towards EPF account of employees for the month of August. The scheme has been rolled out for the benefits the enterprise holding up 100 employees, where 90% of the workforce avails the monthly salary less than INR 15,000\/. The contribution rate is still poised at 12% for all the organization but in the case of NGO, this rate has been slashed down to 10%. This article would explain the procedure for EPF registration for employers.<\/p>\n\n\n\n<p>Employees Provident Fund [EPF] is a scheme launched by the Indian government under <strong><em>Employees\u2019 Provident Funds and Miscellaneous Provisions Act, 1952<\/em><\/strong><sup><a href=\"https:\/\/www.epfindia.gov.in\/site_docs\/PDFs\/Downloads_PDFs\/EPFAct1952.pdf\"><strong><em>[1]<\/em><\/strong><\/a><\/sup>, with an aim to benefits professionals reaping low salaries. The Employees\u2019 Provident Fund Organization (EPFO) regulates the provident fund scheme undertaken by the employer across India. Basically, EPF is equivalent to long-term investment that benefits the working professional in their post-retirement phase. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"578\" height=\"350\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-21.png\" alt=\"EPF Scheme\" class=\"wp-image-14406\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-21.png 578w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-21-300x182.png 300w\" sizes=\"(max-width: 578px) 100vw, 578px\" \/><\/figure><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/#EPF_Registration_Applicability\" >EPF Registration Applicability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/#Procedure_for_EPF_registration\" >Procedure for EPF registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/#Documentation_Required_for_EPF_Registration\" >Documentation Required for EPF Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EPF_Registration_Applicability\"><\/span>EPF Registration Applicability <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before we look into the detail of the<a href=\"https:\/\/corpbiz.io\/epf-registration\"><strong> procedure of EPF Registration<\/strong><\/a>, let us discuss something about the applicability regarding EPF registration. An enterprise or firm having more than 20 employees should compulsorily opt for EPF Registration. There is also a provision for voluntary registration for entities employing less than 20 employees. Therefore, EPF Registration is mandatory for all the firms working with such a threshold of the employee regardless of the nature of their work. Contravention of provisions regarding such EPF registration attracts hefty penalties. <\/p>\n\n\n\n<p>As soon as the employer attains the workforce of 20 employees, it\nbecomes compulsory for them to avail of EPF registration within one month. The\nestablishments operating with fewer employees can opt for EPF registration\nvoluntarily. Soon after the registration, the employer must initiate the\ndeduction of PF from the employee\u2019s basic salary on a monthly basis. Any delay\nin this context could lead the employers toward hefty penalties. <\/p>\n\n\n\n<p>The employer contribution toward the EPF scheme is poised at 12% of\nthe basic salary and dearness allowance. The employee, on the other hand, is\nalso accountable for making the same percentage of contribution. As per the\nEPFO guidelines, the organization having\nless than 20 employee has to make contribution at the rate of 10%. As\nper EPFO provisions, the contribution of the employer toward EPF is bifurcated\ninto two parts which are as follows: <\/p>\n\n\n\n<ul><li>8.33% towards pension scheme of\nthe employees<\/li><li>3.67% towards Employees&#8217;\nDeposit Linked Insurance Scheme (EDLI)<\/li><\/ul>\n\n\n\n<p>Such contribution is only applicable if the employee\u2019s basic salary is less than Rs 15000\/month. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/advantages-of-epf-registration-that-worth-your-attention\/\">Advantages of EPF Registration that worth your attention<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Procedure_for_EPF_registration\"><\/span>Procedure for EPF registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"687\" height=\"342\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-20.png\" alt=\"Procedure for EPF registration\" class=\"wp-image-14403\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-20.png 687w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-20-300x149.png 300w\" sizes=\"(max-width: 687px) 100vw, 687px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1- Firm registration with EPFO<\/h3>\n\n\n\n<p>Navigate to the EPFO online portal and click on the option called\n\u201cESTABLISHMENT REGISTRATION.\u201d <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Go through the User Manual<\/h3>\n\n\n\n<p>As soon as you click the \u201cESTABLISHMENT REGISTRATION\u201d, the new page\nwill open that allows you to download the \u201cINSTRUCTION MANUAL.\u201d Make sure to go\nthrough every detail of the manual before proceeding further. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Registration of DSC<\/h3>\n\n\n\n<p>The registered employers can log in to the portal with their account\ncredentials. The instruction manual contains all the information regarding\nEmployer registration as well as DSC registration of the employer. It\u2019s worth\nnoting that DSC registration is mandatory for the employer applying for ERF\nregistration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Filled the mandatory Employer\u2019s details<\/h3>\n\n\n\n<p>After reading the instructions, checkmark the option called \u201cI have\nread the instruction manual.\u201d Further, tap on the \u201cREGISTER BUTTON,\u201d and you\nwill redirect to the page where you need the employer\u2019s details. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Fill the legitimate details in the given fields<\/h3>\n\n\n\n<p><strong>First Name:<\/strong><em> <\/em>Provide the name in the field as provided to the Income Tax department. The alternation in this context would raise the chance of the cancellation during verification. <\/p>\n\n\n\n<p><strong>Employer PAN:<\/strong> As you enter the PAN detail, a portal will prompt the message on\nyour screen regarding your registration status. The PAN detail is crucial for\nthe approval of the online application. <\/p>\n\n\n\n<p><strong>User Name:<\/strong> Now the portal will allow you to select the unique username through\nmultiple suggestions. <\/p>\n\n\n\n<p><strong>Hint Question\/ Answer:<\/strong> Now, to add an extra layer of protection to the account, the system\nwill ask you to select a question. This would help you retrieve the account\nwhenever you forget the login details. Next, complete the CAPTCHA verification\nprocess and tap on the GET PIN button to proceed further. <\/p>\n\n\n\n<p><strong>Mobile PIN:<\/strong> Now, the portal would generate the PIN and send it to your\nregistered mobile number. Once you receive the PIN, select the option called \u201cI\nagree to the above declaration.\u201d <\/p>\n\n\n\n<p><strong>Activation of Email link:<\/strong> The portal would redirect an email link to your registered email\naddress. As soon as you activate this link, the application for EPF\nregistration automatically submits to the portal. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documentation_Required_for_EPF_Registration\"><\/span>Documentation Required for EPF Registration <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Address and identification\nproof<\/li><li>PAN card, as well as GSTIN details.<\/li><li>The duplicate copy of MOA &amp;\nAOA<\/li><li>List of the members responsible\nfor handling the company\u2019s activities <\/li><li>Legal documents stating\ncompliance with the Income-tax act. <\/li><li>Documentation illustrating the\ndetail of existing workforce seeking EPF registration. <\/li><li>Wages details of all the\nemployees, along with their grade and destination. <\/li><li>Canceled cheque of the\napplicant.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The EPF acts as a solid monetary backup, that provides financial and retirement benefits to the employee. Although EPF benefits don\u2019t seem as luring as a short-term investment, it is arguably the most reliable source of investment for the individual seeking financial aid during post-retirement.&nbsp; Hopefully, by now, everything has been clear to you regarding the procedure for EPF registration. However, if still some doubt in this context, make sure to get technical assistance from <a href=\"https:\/\/corpbiz.io\/\"><strong><em>CorpBiz\u2019s<\/em><\/strong><\/a> experts.  <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/apply-for-epf-registration-online\/\">How to apply for EPF Registration online?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government will continue to pay employee and employer contribution towards EPF account of employees for the month of August. The scheme has been rolled out for the benefits the enterprise holding up 100 employees, where 90% of the workforce avails the monthly salary less than INR 15,000\/. The contribution rate is still poised [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":14396,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[212],"tags":[845],"acf":{"service_id":"15"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":13107,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/14393"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=14393"}],"version-history":[{"count":8,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/14393\/revisions"}],"predecessor-version":[{"id":14544,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/14393\/revisions\/14544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/14396"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=14393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=14393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=14393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}