EPF registration in Bakhtiyarpur is an online process whereby eligible employer can take 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 pro of the Provident fund Scheme to large number of employees. This plot is administered by the central admin for the welfare and help of the workers.
Who are required to accept EPF Registration in Bakhtiyarpur?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can claim the pro of pension scheme under EPFO?
A person who has completed the age of 58 years and has in addition to completed 10 years of serve 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 accomplishment of EPF Employer Contribution shall be 12% of the basic salary gain dearness allowances. Employee Contribution shall in addition to be 12%.
Major encouragement of EPF Scheme for employees:
- Insurance lead upto Rs. 6 lakh to the family fanatic of deceased.
- Life long pension improvement if the employee has contributed for a continuous grow old of 10 years.
- Interest is afterward earned on the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the strive for of construction/repair of house, illness and additional personal requirements.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 Bakhtiyarpur?
- 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 introduction fails to register itself below EPF after becoming liable for registration?
If any Employer knowingly contravenes the provisions combined to registration under EPF the he shall be punishable bearing in mind imprisonment for a grow old which may extend upto 1 year or with Good of Rs. 5000/- or both.
Penalty for delay agreement of EPF Contribution
If an employer fails to yield the contribution on time then he shall be answerable to pay interest on the amount at in the same way as 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 become old required to take EPF Registration in Bakhtiyarpur 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 operational days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this combat applies forlorn to employees upon roll next the organization.
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