Employees Provident Fund or EPF is an integral part of the safety net that employees create for their future. Besides, EPF is important for the financial planning of both the employer and employee. EPF scheme is the most common savings mechanism for employees, especially in the organized sector. So, it is vital that the employers and employees both have an understanding of provident funds. Once that is clear, there are many other aspects of Provident fund, which are important. In this blog, we discuss the various aspects of PF applicability, including who is eligible for it, the criteria for P ..read more

Provident Fund (PF) is one of the top ways of creating a pool of resources for your future. The PF scheme is available to different employees, free-lancers, and government officials in varied forms. However, the most impactful PF scheme is the EPF scheme which stands for employees provident fund scheme. Governed under the Employees Provident Fund and Miscellaneous Provisions Act, this scheme is the most common because it includes PF contribution from both, the employer and employee. However, this leads to confusion at times while calculating PF. Hence, it is important for business owners to le ..read more

Ensuring social security and financial planning post retirement is very important for all employees. Employees Provident Fund (EPF) is an investment concept prevalent in India that helps the employees in accumulating wealth for their retirement. EPF is governed by the Employees Provident Fund Organisation (EPFO). This EPFO is a statutory body that regulates the PF related matters of all the employers and employees subjected to it in India. Besides, the EPFO provides an online portal for all its members. For an organization to register itself as an establishment on the Member e-sewa portal of t ..read more

EPF stands for Employees Provident Fund. It is a type of provident funds scheme that is applicable to most of the employees working in the organised structure in India. Employees Provident Fund is one of the most common types of provident funds in India. It is governed by the provisions of the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (the “Act”). This Act governs and regulates all matters related to EPF in India. Besides, the Employees Provident Funds Organisation (EPFO) is the statutory body implemented under this Act, to govern and regulate the functioning and operati ..read more

There is no doubt that as you grow older, your physical and mental capabilities change. Besides, there is a mandatory retirement after you reach a certain age in all fields of work. However, life carries on even after the work stops. To maintain your lifestyle in that situation, you need to have certain saving plans in order. Employee Provident Fund (EPF) or PF is one such post-retirement savings fund that an employer and employee both contribute towards, during the course of employment. Introduced through the EPF scheme and legalized through the Employee Provident Funds and Miscellaneous Prov ..read more

Introduction In the dynamic world of business in India, understanding the deatils of legal compliance is very important. One such critical aspect is the Shop and Establishment Act. This legislation serves as the cornerstone for most businesses, dealing with various aspects of employment and commercial activities. This article dives deep into what the Shop and Establishment License Act entails. It also discusses its various ts nuances across different states and the process of getting the essential license online. What is the Shop and Establishment Act? The Shop and Establishment Act is a state ..read more

Introduction The Shop and Establishment License is a fundamental legal requirement for all businesses with physical shobs/establishments. This license not only provides legal recognition but also ensures adherence to labour laws, safety standards, and other crucial regulations. Shop and establishment renewal is a periodic necessity, ensuring that businesses continue to operate within the boundaries of the law. Working without a valid Shop and Establishment license is illegal. In this article, we will delve into the intricacies of shop and establishment renewal online. We will be shedding light ..read more

Introduction Navigating the legal requirements for businesses in India demands a comprehensive understanding of various certifications and licenses. Among these, the Shop and Establishment Certificate holds significant importance, serving as a testament to a business’s legality. This article provides an in-depth exploration of the process of obtaining the Shop and Establishment Certificate in India, detailing the steps involved in the application and how businesses can conveniently download the certificate online. How to Download Shop and Establishment Certificate Online Understanding the Indi ..read more

Introduction When venturing into the world of business, navigating legal requirements is crucial. One such essential aspect is getting a license under the Shop and Establishment Act; known as Shop and Establishment registration. Registration under the Shops and Establishment Act, a state-level registration is designed to regulate shops and commercial establishments. Whether you’re opening a quaint bookstore, a bustling cafe, or an online store, understanding this process is vital. In this comprehensive guide, we will explore the nuances of the shop registration process. We wull shed light on h ..read more

Introduction In the bustling state of Maharashtra, the heart of India’s economic activities, setting up a business is not just a matter of passion; it’s a legal process. One crucial aspect of this process is getting the Gumasta License; it is a Shop and Establishment license. It is a mandatory requirement under the Maharashtra Shops and Establishment Act. This license, also known as the Gumasta Certificate, is the key that unlocks the doors of legality for businesses, from small startups to large enterprises. What is a Gumasta License? The Gumasta License is a license that is required to run a ..read more