Employee's Provident Fund (EPFO)

These registrations are being managed by consultancy firms on a larger basis. One of the best-known firms in West Bengal is Chakraborty Consultancy- PF Consultant Howrah owned by Mr. Arnab Chakraborty. The consultancy is serving various industries by providing the facility of Online EPF Registration. Now let’s discuss the facts related to the EPF.

PF Registration

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Given below are the benefits of PF registration

  • Risk Coverage: The most fundamental benefit of the Provident Fund is to cover the risks employees and their dependents that may arise due to retirement, an illness or their demise.
  •  Emergency Needs:  There are certain unanticipated occasions like marriage or other family occasions, any mishappening or illness that require urgent finance. The PF amount can be of great help.
  • Long-term Goals: There are many long-term goals such as Marriage or higher education that require the urgent availability of funds. The accumulated PF amount often comes handy during such occasions.
  • Uniform Account:  One of the most important aspects of the Provident Fund account that it’s steady and transferable. It can be carried forward to any other place of employment.
  • Covers Pension: Apart from the employee’s 12% contribution towards EPF, an equal amount is contributed by the employer, which includes 8.33% towards Employee Pension Scheme (EPS).
  • Employee Deposit Linked Insurance Scheme:  This scheme is for all the PF account holders. According to it, 0.5% of the salary is deducted from the life insurance premium.

Chakraborty Consultancy best for providing PF & ESI Registration and monthly compliance deduction & Return filling. Fast Digital Signature / DSC registration firm all over India.

Chakraborty Consultancy

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