EPF registration in Kadam Kuan 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 Plan is regulated by EPFO and was introduced to come in the works with the keep for the pro of the Provident fund Scheme to large number of employees. This Plan is administered by the central presidency for the welfare and help of the workers.
Who are required to accept EPF Registration in Kadam Kuan?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can affirmation the benefit of pension scheme under EPFO?
A person who has completed the age of 58 years and has as well as completed 10 years of relieve without any withdrawals can affirmation benefit of EPF Pension Scheme.
What is amount is to be deposited by the employer towards the EPF contribution of the employee?
In proceedings of EPF Employer Contribution shall be 12% of the basic salary lead dearness allowances. Employee Contribution shall also be 12%.
Major relief of EPF Scheme for employees:
- Insurance plus upto Rs. 6 lakh to the family member of deceased.
- Life long pension help if the employee has contributed for a continuous era of 10 years.
- Interest is furthermore earned on the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the try of construction/repair of house, illness and extra personal requirements.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 Kadam Kuan?
- 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 commencement fails to register itself below EPF after becoming answerable for registration?
If any Employer knowingly contravenes the provisions aligned to registration below EPF the he shall be punishable next imprisonment for a grow old which may extend upto 1 year or with fine of Rs. 5000/- or both.
Penalty for delay acceptance of EPF Contribution
If an employer fails to comply the contribution upon time next he shall be held responsible to pay interest on the amount at next 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 times required to accept EPF Registration in Kadam Kuan 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 upon 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 fighting applies without help to employees upon roll once the organization.
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