Home > GST > Registration Pricing > EPF / ESI Registration Last Updated: Dec 12th 2024
Employee Provident Fund registration is a mandatory requirement for all businesses that are having 20 or more employees. Under respective guidelines, businesses have to comply with these requirements. Upon registering with the EPF, a Business is required to contribute a specific percentage which is deducted from the employer salary to be fund. This percentage is at a rate of 12%.
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A comprehensive list of frequently asked questions on EPF (Employee Provident Fund) & ESI.
Post 01st Apr 2012, the employers are required to make remittances only after generating challans from the employer portal of EPFO. Hence it is mandated for the employer to register online. All new registrations must be made Online as the Offline registration process has been done away with.
Yes, the registration procedure has to be completed for every establishment.
If the employer forgets the User ID/Password, then the employer must click on the ‘’Forget Password’’ link in the login screen. The password can be reset using the establishment id, primary email id and mobile number.
Though contribution to PF account is made both by employer and employee, payment is to be made to PF account by employer who is registered with PF Act.
From September 2015 it is mandatory for all establishments to pay PF online. Online PF payment can be made by employer either on EPFO website or through authorised bank website in which employer has an account and net banking.
Presently EPFO has the arrangements with top 10 banks in India to collect EPFO dues and the banks are listed below:
EPF / ESI Registration portal in India is extremely difficult to deal with. Over the time, we understood that certain days of the week the government portal causes errors in saving the data and OTP handling. Hence Team EZTax.in may need more than 24 hrs to register in case of any delays from the Govt. Portal.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.