What is a Employees Provident Fund?
Employee Provident Fund (EPF) may be a fund managed by the worker Provident Fund Organization of India (EPFO). Employee Provident Fund largest and famous saving scheme levied by the employer to employee is financial security. A low-risk investment with the support of state backing may be a preference for workers as they assist in managing financial emergencies also . Opening of the EPF account may be a one-time process without inconvenience, wherein the quantity gets deposited serially every fiscal year . Our service justifies the mechanism of EPF fund, from detailing upon the applicability of the law to guiding on the legal penalties and offense of default payments.
EPF Registration has got to be done within One month from the date of reaching 20 employees. Any delay in ESIC Registration may end in a penalty.Those establishments which don’t have the prescribed number of employees but willing to register themselves to supply the advantages of Provident Fund to their employees can register voluntarily with the Regional Provident Fund Office. i.e. covered voluntarily registration.
This will also help to all or any newly started sole proprietorship firms as a symbol of registration their business while open a checking account of firm.
Employee Provident Fund Services
We are specialized in providing outsourcing services for all the activities in reference to EPF. within the year 1952, the govt enacted the worker Provident Funds and Miscellaneous Provisions Act, which was aimed to restrain the economic insecurity resulting thanks to the massive scale urbanization and industrialization. Since the enactment of this act, there are several amendments that have increased the particular scope of this act. it’s developed into an all-encompassing pension also as provident scheme.
- We undertake Transfer related Submission also (Online transfer)
- Assistance to employees of multinational in claiming Pension
- Assistance to employees in claiming / obtaining superannuation pension.
- Assistance to employees to submit online transfer forms, track claim status
- UAN & Passbook 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 point out Cause Notices issued under EPF Act
- Assistance at the time of inspections and enquiries conducted by the Inspector.
- Timely updation and proper Guidelines, if any changes in Act or rules.
- Online Registration for PF code
- Submitting all necessary documents on timely basis.
- Preparing and submitting challans on timely basis.
- Furnishing of particulars of change in ownership / management of the establishment
- Providing day to day consultancy on matters concerning EPF, pension scheme & EDLI scheme
- We shall process and submit P.F. Withdrawal forms and follow up for an equivalent (For left employees).