Overview:-
The Employees' Provident Fund (EPF) program was founded by the Employees' Provident Funds and Miscellaneous Provisions Act of 1952. In terms of clients served and the volume of financial transactions handled, the Employees' Provident Fund Organization (EPFO), one of the largest social security organizations in the world, is in charge of managing it. EPF basically serves as a benefit provided by the employer to an employee upon retirement.
Benefits:-
- EPF Registration has tax advantages.
- Post-retirement pension with no hassles.
- funds for handling crises.
- Transferability is simple.
- meet a time-sensitive need.
Documents Required for Proprietorship
- Name of the applicant.
- Pan card of the proprietor.
- Id proof of the proprietor like Driving license/Passport/Election Card.
- Address proof of proprietor.
- Address proof for the premises.
- Complete details of the applicant with their residential address and telephone number.