About

Employees Provident Fund (EPF) is a social security scheme which is implemented throughout India and is regulated by the Employees Provident Fund Organisation (EPFO) which is formed by the mandate given by Employees Provident Funds Act, 1952. EPF is designed to offer social security benefits to employees of a particular organization and building stronger employer-employee relationship. Conditions to Register under Employees Provident Fund (EPF)? 1. Companies having an employee base of 20 or more, within one month must register from the time of attaining this strength, in addition to certain penalties which are applicable for delay in EPF registration. 2. Co-operative societies must register if their employee strength increases to 50 or more. 3. Registered organizations whose strength falls below the minimum specified number will continue to be under the purview of the above act. The Employees Provident Fund (EPF) and Miscellaneous Provisions Act 1952 categorically apply to factories/