Applicable to every establishment employing 20 or more persons. Central Government can apply it to establishments with fewer than 20 employees by notification. Once covered, the Act continues to apply even if the employee count falls below 20. Applies to factories and specified establishments across India.
Registration & Return — A Comprehensive Note (Governed by the Employees' Provident Funds & Miscellaneous Provisions Act, 1952)
| Component | Rate / Details |
|---|---|
| Employee Contribution | 12% of Basic Wages + DA + Retaining Allowance |
| Employer Contribution | 12% of Basic Wages + DA + Retaining Allowance |
| EPF (Employer share) | 3.67% of the 12% goes to EPF account |
| EPS (Employer share) | 8.33% of the 12% goes to Employee Pension Scheme |
| EDLI Contribution | 0.5% by employer towards insurance scheme |
| Admin / Inspection Charges | 0.50% by employer (minimum Rs. 75/month) |
| Wage Ceiling for EPS | Rs. 15,000 per month (for new members after Sep 2014) |
| Interest Rate | Declared annually by EPFO (e.g., 8.15% for 2022-23) |
Registration is entirely digitized and handled via the Unified Shram Suvidha Portal or the official EPFO portal. Establishments must submit structural descriptors, digital identity proofs (PAN, DSC), ownership records, and employment census trackers to secure their unique code number allocation.
The employer drafts and uploads the monthly worker metrics text file containing member-level details, including gross wages, EPF wages, EPS wages, and respective actual contribution amounts.
The unified employer portal system verifies the uploaded layout metrics against structural algorithms. Once it passes validation, the platform auto-generates the detailed payment challan statement.
The balance due must be cleared via integrated online net banking channels. The absolute due date for both uploading the return and clearing the financial challan liability is the 15th of the following month.
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