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Employee Provident Fund (EPF)

Compliance Services

Inside Employee Provident Fund (EPF)

Employee Provident Fund

EPF is a social security scheme providing retirement benefits to employees, regulated by EPFO under the Provident Funds Act, 1952.

Eligibility

  • Mandatory for establishments with 20+ employees
  • Employees earning less than ₹15,000/month must contribute
  • Contribution: 12% each from employer and employee

Contribution Breakdown

  • 3.67% to Employees Provident Fund
  • 8.33% to Employees Pension Scheme
  • 1.1% EPF administration charges
  • 0.5% EDLI (Employee Deposit Linked Insurance)
  • 0.01% EDLI administration charges

Documents Required

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