If an employer fails to get EPF employer registration, or indulges in false representation of facts to avoid PF payment, he shall be liable for a penalty of INR 5,000/-. What is the PF Number format? PF number looks like this:- MH/BAN/0001011/000/0000110. Here are the components in...
When an employee applies for EPF claim online then it takes 5-30 days to get the PF amount into the bank account. But the time depends upon how fast the EPFO office clears the claim.Some EPFO offices clear the claim in around 5 days while some take more days. When an employee applies...