Description

EPF registration advantages for the following establishments: • The employer adds some ratio of the fund to the EPF fund along with the share of the employee. The employer or the business owner of the company also adds his part which is inclusive of the employee pension scheme (EPS). • This Employee Provident fund supports as financial aid for the employee at the time of their retirement period, illness, disability demise, or any risk happened to the employee. • In case the employee changes his job, the PF account of an employee needs not to be closed and can be carried forward to the present company. • PF funds own by the employee can be run for long term plans.