Statement from Bank
Incorporation Certificate
Sales Return Details
To promote the attitude of savings amongst the employees and also to benefit them during retirement a social security system of Provident fund was introduced. Contributions towards the PF are made by both the employer as well as the employee every month.
Form 2 is filed as a declaration and nomination under the Flagship scheme of the Employment Provident Fund and the Employment Family Pension Scheme. Form 2 must be filed by the employees who are joining the establishment. This form is to be submitted with Form 5. Form 2 is divided into 2 different parts.
Part A of Form 2 deals with nominating the recipients of the EPF balance of the particular account holder, in the event of his or her death. This part of the form must include the following details:
Name
Address
Relationship with the subscriber
Age
Sum of the money that is to be paid to the nominee
Guardian Details ( In case the nominee is a minor)
This Part has to be signed or needs to have a thumb impression to be made at the end of the section.
The details of the nominee as already mentioned in Part A should also be included in Part B. Additionally, the details of the members who are eligible to receive the children/ widow pension must be furnished.
This Part again must be signed duly or a thumb impression has to be made at the end of the section.
Form 5 is a monthly report that contains the details of the employees who are newly enrolled in the provident fund scheme. Form 5 must include the following details:
Organization’s Name
Address of the Organization
Code of the organization
Account number of the Employee
Name of the employee
Middle Name (Husband/Father)
Date of birth of the employee
Date of joining
Track record of the work.
It is a monthly report that includes the details of the employees who have ceased to be a part of the scheme on the given month. Form 10 includes the following details.
Account Number
Name of the employee
Name of the father or the husband
Date of leaving the service
Reason for leaving service.
Form 10 must be filed and stamped by the employer with the filing date of the form.
This Form 12 A is a report that contains the payment details that are contributed to the account of the respective employee in a particular month.
The annual returns are to be filed by the 30th of April in a given year. The forms that are utilized for filing the annual PF returns are
Form 3A
Form 6A
The Form 3A depicts the month-wise contribution to the subscriber or members and the employers towards the Employee Provident Fund and the Employee Pension Fund in a year. The data is calculated by every member who is a part of the scheme. Additionally, the scheme will include the following details
Account Number
Name of the subscriber
Name of the father or the husband
Name and address of the establishment
The statutory rate of contribution
Voluntary contribution in case if there is any.
Form 3A must contain the signature and the seal of the employer.
5200+
Projects done
15500+
Happy clients
14000+
Income Tax
746+
Incorporation
PF registration is mandatory for the employees who have a basic salary of dearness allowance is up to 15,000 and for those who are earning beyond Rs.15,000 it is not mandatory to get PF registration.
Is it possible to get PF after registration?When the employee applies for EPF it takes 5-30 days to get the PF amount into the bank account. But the time depends on how fast the EPFO officer clears the claim. Some EPFO office clears the claim in 5 days while some take more days.
Can PF be paid online?Offline transfer of the PF may be done only if the transfer from an exempted establishment to another exempted establishment. For other cases, it can be made online.
If a member more than one EPF member ID and the EPF account has not been transferred to the latest EPF account then the member is required to get the PF transferred into his current EPF account.
What is the due date for monthly challan remittance to the bank for PF?The due date for Monthly Challan remittance to the Bank for PF is the 15th of every month.
What is the due date for monthly PF returns?The due date for monthly PF returns is the 15th of the subsequent month.