Introduction: The gig economy has witnessed a significant rise in recent years, with an increasing number of individuals opting for freelance work or self-employment. While this offers flexibility and autonomy, it also brings forth the need to address financial security and retirement planning. The Employees’ Provident Fund (EPF) offers a valuable solution in this regard,…
Category: EPF Registration
How to Calculate PF Contributions for Your Employees
Provident Fund (PF) is a savings scheme that helps employees save for their retirement. It is a mandatory contribution that employers in India must make on behalf of their employees. In this blog post, we will discuss how to calculate PF contributions for your employees. Understanding PF Contributions PF contributions are calculated based on a…
The Legal Requirements for PF Contributions in Different Countries
Provident Fund (PF) is a retirement savings scheme that is mandatory in many countries. It is a social security system that is designed to provide financial security to employees after they retire. In this article, we will explore the legal requirements for PF contributions in various countries. United States of America In the United States,…
How is the monthly EPF calculated?
The Employee Provident Fund, more commonly referred to as the EPF, is a retirement savings program overseen by the EPFO. Various payments into the system will be made by an employee and their employer during their tenure at a company. The worker can still use the same options for withdrawals after retirement. An Employee Provident…
EPF Account Number: Easy ways to find it?
The EPF Account Number is something you need to know if you work in a corporate system. Under the Employees’ Provident Fund and Miscellaneous Provision Act, 1952, the main scheme is the Employee Provident Fund. Employees’ Provident Funds Organization (EPFO) administers this scheme. EPF is available to all employees of a company with more than…
Registration for EPF: What Documents Do I Need?
Registration for EPF: Documents Needed Eventually, every company with a large workforce must register for EPF. EPF registration is required for companies with more than 20 workers. Small businesses with fewer than 20 employees, however, can register voluntarily. After reading this post, you will have a better understanding of the documents you need to register…