Retirement fund body EPFO launched online registration facility for employers, a move that will help firms get employers' code within a day.

The registration of employers and issuing of code to identify the firms has been a time consuming process so far, leading to unnecessary delays, taking up to 20-25 days.

Under the new facility, employers will be provided instructions for filling up the forms and the check list online. Once the registration is done, the PF (employer) code will be alloted online within a day after verification of Permanent Account Number (PAN) of the firm.

The Employees' Provident Fund Organisation (EPFO) has envisaged 100% digitisation of it records for moving towards use of electronic mode for all transactions and providing services to firms as well as workers.