Employees' Provident Fund (EPF)
The Employees’ Provident Fund (EPF) is a retirement savings scheme governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 and administered by the Employees' Provident Fund Organisation.
The EPF scheme requires eligible employers to contribute a portion of employee salaries towards a provident fund that acts as long-term savings and financial security after retirement.
SNR Dot Law provides complete assistance with EPF registration, documentation, and compliance for organizations.
EPF Registration for Employers
Register the establishment under EPF
Deduct employee PF contribution from salary
Deposit employer contribution
File monthly and annual EPF returns
Rate of Contribution
Under the EPF scheme, contributions are made by both the employer and the employee based on the employee’s Basic Salary + Dearness Allowance (DA).
Employer Contribution
of Basic Salary + DA
Employee Contribution
of Basic Salary + DA
EPF Benefits for Employees
Employees registered under EPF receive several financial security benefits such as:
Retirement savings
Retirement savings through provident fund contributions
Pension benefits
Pension benefits under the EPS scheme
Partial withdrawal
Partial withdrawal for housing, education, or medical needs
Financial security
Financial security for family through nominee benefits