The Employees’ Provident Fund Organization (EPFO) is a statutory body that manages the Employees’ Provident Fund (EPF), a social security scheme for employees in India. Lately, the EPFO has extended the applicability of Provident Fund for International workers employed in India as well. Employers are required to file a monthly return with the EPFO for all employees, including international workers. The monthly return includes details such as the employee’s name, Universal Account Number (UAN), and EPF contributions made by both the employer and the employee. The return must be filed within 15 days from the end of the month for which it is being filed.
The eligibility criteria for contribution to EPF are the same for both Indian and international workers. Both the employer and the employee are required to make monthly contributions towards the EPF. International workers are required to provide their passport, work permit, and other relevant documents to their employer for verification.
International workers can withdraw their EPF contributions once they leave their job in India or transfer their EPF balance to a new employer’s EPF account. International workers who complete ten years of service in India are eligible for an EPS pension. The EPFO has made it possible for international workers to avail the benefits of EPF, ensuring that they are not disadvantaged when it comes to social security benefits in India.
EPFO has made provisions to ensure that international workers in India can also avail the benefits of EPF. International workers who are employed in India for a minimum period of six months are eligible to contribute to EPF, and they can withdraw their EPF balance or transfer it to a new employer’s EPF account. International workers who complete ten years of service in India are also eligible for an EPS pension. These provisions ensure that international workers are not disadvantaged when it comes to social security benefits in India.