Employee Provident Fund (EPF) is one of the main platforms of savings in India for nearly all people working in Private sector Organizations. The main aim of the EPF scheme is to promote retirement savings for employees across India.
The Employees' Provident Fund (EPF) is a corpus of funds built through regular, monthly, contributions made by an employee and his/her employer. The amount contributed to the fund is based on a fixed rate. Employees earn interest on their EPF balances. Both, the interest earned and the total amount withdrawn at maturity are tax-free, making this one of the most popular forms of long-term retirement savings among the working population in India. Besides retirement, funds accumulated in an employee's EPF account can also be used at time of resignation or death.
Documents Required
- Copy of PAN Card
- Lease Deed / Rental Agreement
- Partnership Deed / MOA and AOA
- Copy of Telephone Bills / EB Bills
- Copy of TNVAT / CST Certificate
- List of Partners / Directors
- Bank account details
- Other company work order
- 1st Sales Bill / Service Bill
- Employee details
- Attendance/wages details
- No of employee (Name/Father Name/DoB/Resident Address/Contact Number/Salary Account Number/Marriage Status )
- Nomine details Name/Relationship/Address
New PF Registration
Preparation of PF Contribution
Uploading to online
Generate Challans every month
Assisting Members Claim
Members PF transfer Support
Guiding the management
Maintenance of Records
Assisting the time of inspections
Companies eligible for EPF
- An Employer has equal to or more than 20 employees
- Employer shall deposit both employees' and employers' contribution as per specified rates 15th of every month.
- EPFO increased the wage ceiling on PF eligibility from Rs.6500 to Rs.15,000 due to salary revisions in both organized and unorganized sector. At present, any employee whose income is above Rs.15,000 is eligible to enroll for EPF scheme.
Our team work to Employees Provident Fund Organization(EPFO)
Obtaining EPFO Code
Employers having more than 10 employees are applicable to register.
EPF Contribution
Contribution scale by Employer 12% & Employee 12% of the Employee wages towards EPF.
Generate Challan
Preparation of EPF Contributions, uploading it online and generate challan every month
Preparation & Submission
Preparation PF Eligibility Register, Maintenance of all statutory registers required by the PF authorities & Preparation of Monthly PF Ledger.
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Support
Appearing before concerned authorities on behalf of the employer in 7-A proceeding under EPF act. & Immediate circulation of new amendments or changes in the acts.
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Assisting
Assisting at the time of EPF inspections & To interact with EPF Branch office authorities for any Queries.