Eligibility Criteria for EPF Registration in India

Description

EPF in India is the primary way for employees to save for retirement and it’s managed by EPFO. The Employees’ Provident Fund & Miscellaneous Provisions Act, 1952 sets out who can join

For Employees:
Employees who earn less than Rs. 15,000/month must join the EPF & make regular contributions;
Employees whose salary is more than Rs. 15,000/month at the joining time aren’t required to make PF contributions. Yet, they can still opt to join the Employee Provident Fund & make contributions with the employer agreement & the Assistant PF Commissioner.
For Employers:
EPF Registration is compulsory for all businesses or organizations that employ 20 or more people;
If a business or organization employs at most 20 people, it may still require EPF Registration if specified by the Central Government notification