EPF is one of the main stages of savings in India for almost all people working in Government, Private, or Public sector organizations. It is executed by the Employees Provident Fund Organization (EPFO) of India. Employees Provident Fund is done through Insidetax.
Companies that have employee strength of 20 or more need to be registered with the PF Department. The ability of 20 includes contract employees like housekeeping, security, or other contractual workers in the business. Those companies which do not have the recommended number of employees but want to register themselves to provide the benefits of the Provident Fund to their employees can register freely with the Regional Provident Fund Office. Registration has to be done within one month from the date of hiring 20 employees. Any delay may result in a penalty.