Employees Provident Fund And Miscellaneous Provisions Act, 1952

Employees Provident Fund And Miscellaneous Provisions Act, 1952

The Constitution of India under "Directive Principles of State Policy" provides that the State shall within the limits of its economic capacity make effective provision for securing the right to work, to education and to public assistance in cases of unemployment, old-age, sickness & disablement and undeserved want.
The Employees' Provident Fund Organization (EPFO) is a statutory body of the Government of India under the Ministry of Labour and Employment. It administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme. It is one of the largest provident fund institutions in the world in terms of members and volume of financial transactions that it has been carrying on.

  • Applicability
  • This enactment is compulsorily applicable if 20 or more employees (including contractor’s) are employed and activities are falling under scheduled I. Option is also available for voluntary coverage, if majority of employees and employer agrees for the coverage

  • Employee’s eligibility
  • Employee’s salary (Basic + DA) rate is below Rs. 15000/- pm
    Remains to be covered, Opted to be covered even rate is above Rs. 15000/- pm
    Coverage of disabled an international workmen u/p 82 & 83 respectively

  • Contributions
  • Normally 12% from employees and 13.36% (12+0.85+0.50+0.01) from employers

  • Liabilities & consequences
  • Employer is liable for both the shares of past periods
    Contractor’s employees liability is on principal employer
    Delay / Defaults in payments of contributions and charges leads to levy of damages, interest
    Provisions of imprisonment and fine are there

Services We Offer

  • Online Registration for PF code
  • Submitting all necessary documents on timely basis like Nomination Form (F-2), Declaration Form.
  • Preparing, checking and submitting challans on timely basis.
  • Furnishing of particulars of change in ownership / management of the establishment
  • Providing day to day consultancy on matters pertaining to EPF, pension scheme & EDLI scheme
  • We shall process and submit P.F. Withdrawal forms and follow up for the same (For left employees).
  • We undertake Transfer related Submission also (Online transfer)
  • Assistance to employees of establishment in claiming Pension
  • Assistance to employees in claiming / obtaining superannuation pension.
  • Assistance to employees to check PF balance, submit online transfer forms, track claim status
  • UAN Generation, Guidance in UAN Activation and Seeding of KYC
  • Digital Signature Activation and Registration
  • Online availability of Monthly Returns, Challans & Correspondence as per your need.
  • Regular visit and correspondence with the PF department.
  • Maintain cordial relation with concerned PF Officials
  • Replying to Show Cause Notices issued under EPF Act
  • Assistance at the time of inspections and enquiries conducted by the Inspector.
  • Conducting seminars to induct employees about the benefits associated with PF
  • Timely updation and proper Guidelines, if any changes in Act or rules.

Central & State Specific Labour Laws & Rules

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