Employees Provident Fund Consultant

 

Employees Provident Fund Consultant

Aggarwal & Associates is one of the leading E S I, PF and D S C Consultant in Delhi. With vast experience in dealing with Employees Provident Fund Also Miscellaneous Provision Acts, 1952, (E P F Act).

We work on latest technologies and software’s and our team work with keeping business goals clear in minds. We keep ourselves involved in each and every stage of the project until the work completed.

AGGARWAL & ASSOCIATES the leading PF Consultant in Delhi. Managing PF Records with number of clients also help them in any type of PF issue raised. Being the best PF Consultant, we do following jobs.

We update the Employees Documents K Y C ,

According to the E P F new rules, this limit is now going to be halved. Firm with minimum of 10 employees has to be registered with the Employees Provident Fund and Miscellaneous Provisions Act.  Earlier, employers had the discretion to only cover employees who earn up to Rs. 6,500/- per month also already not members of the E P F O. However, with this increase in the wage ceiling, all employees who earn up to Rs. 15,000 have to be covered.

 

Employees Provident Fund Process By – Provident Funds Consultant

NEW COMPANY REGISTRATION

Filing of necessary papers and obtaining PF registration code number for new establishment within prescribed time as per Act.

  • Form 5A (Return of ownership)
  • Form 9 (Revised)
  • Submission of Specimen Signature

MONTHLY PROCESS

  • Preparation of monthly Challan for E P F & also deposited into bank within prescribed time as per Act.

 

Prepare Monthly Return:

  • Form 12A (Revised)
  • Form -5 (New Joins)
  • Form-10& 19 (Resigned)
  • Preparation of Form- 7(IF)
  • PF Eligibility Register
  • Maintenance of all statutory registers required by the PF authorities.
  • Preparation of Monthly PF Ledger.
  • Nomination & also Declaration Forms in Form No. 2 (Revised) of the new employees
  • Declaration form in Form- 11(Revised)
  • Attend PF inspector for inspection of records also appear before the concerned authorities on behalf of the employer in 7-A proceedings under E P F Act
  • All assessment & also inspection from E P F department, when required.
  • Information with regard to any amendment/changes in the act will be informed immediately.

 

ANNUAL PROCESS

  • Form No. 3-A (Monthly Contribution of the employees)
  • Form No. 6-A (Annual Return)

EMPLOYER CONTRIBUTIONS

  • Employer is also required to contribute towards provident fund; the deduction rate is same as employee’s contribution i.e. 12% of the wages.

Of this 12%, 3.67% goes to Provident Fund and the balance of 8.33% goes to Pension Fund.