EPF registration in Seraikela Kharsawan is an online process whereby eligible employer can accept EPF registration by fulfilling the terms and conditions as stipulated by the act. Employee provident fund plot is regulated by EPFO and was introduced to pay for the benefit of the Provident fund Scheme to large number of employees. This Plan is administered by the central government for the welfare and gain of the workers.
Who are required to accept EPF Registration in Seraikela Kharsawan?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can allegation the plus of pension scheme under EPFO?
A person who has completed the age of 58 years and has next completed 10 years of abet without any withdrawals can allegation benefit of EPF Pension Scheme.
What is amount is to be deposited by the employer towards the EPF contribution of the employee?
In combat of EPF Employer Contribution shall be 12% of the basic salary benefit dearness allowances. Employee Contribution shall next be 12%.
Major facilitate of EPF Scheme for employees:
- Insurance plus upto Rs. 6 lakh to the family fanatic of deceased.
- Life long pension benefit if the employee has contributed for a continuous get older of 10 years.
- Interest is next earned on the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the ambition of construction/repair of house, illness and further personal requirements.
DOCUMENTS REQUIRED FOR EPF REGISTRATION OF EMPLOYERS:
- Copy of Pan Card of Proprietor/Partner/Director/Trustee/Karta/Member/Authorised signatory
- Copy of Aadhaar Card/Voter Id/Driving License/Passport of Proprietor/Partner/Director/Trustee/Karta/Member/Authorised signatory
- 2 Passport size photograpgh of Proprietor/Partner/Director/Trustee/Karta/Member/Authorised signatory
- Copy of Registration/Incorporation Certificate of Firm/Company/Trust/NGO/AOP
- Copy of MOA and AOA/Bye laws/Deed of Partnership firm/Company/Trust/NGO/AOP
- Copy of pan card of Partnership firm/Company/Trust/NGO/AOP
- Copy of Cancelled cheque of Firm/Company/Trust/NGO/AOP
- Copy of EPF Signature Card
- Copy of EPF consent agreement
- Digital Signature of Proprietor/Partner/Director/Trustee/Karta/Member/Authorised signatory
- Email ID and Phone Number of Proprietor/Partner/Director/Trustee/Karta/Member/Authorised signatory
What are the informations of Employees required for EPF Registration in Seraikela Kharsawan?
- Name, Father’s Name and Nominee Details
- Aadhar Card and Bank Account Details
- Date of Birth and date of Joining
- Salary Details
- Complete Postal Address
What if an inauguration fails to register itself under EPF after becoming held responsible for registration?
If any Employer knowingly contravenes the provisions joined to registration below EPF the he shall be punishable later imprisonment for a time which may extend upto 1 year or with Good of Rs. 5000/- or both.
Penalty for delay compliance of EPF Contribution
If an employer fails to submit the contribution on time subsequently he shall be blamed to pay interest upon the amount at in the vent of rates
| PERIOD OF DELAY | RATE OF INTEREST PER ANNUM |
| < 2 months | 17% |
| 2-4 months | 22% |
| 4-6 months | 27% |
| 6 months and above | 37% |
What is the mature required to take EPF Registration in Seraikela Kharsawan and what is the process of applying for EPF registration?
EPF Registration process is online. All documents are required to be digitally signed by the employer and to be uploaded on the EPF portal.
The Registration process may take 2-4 working days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this lawsuit applies forlorn to employees upon roll like the organization.
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