EPF registration in Sultanganj 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 scheme is regulated by EPFO and was introduced to manage to pay for the improvement of the Provident fund Scheme to large number of employees. This plot is administered by the central organization for the welfare and pro of the workers.
Who are required to take EPF Registration in Sultanganj?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can allegation the gain of pension Plan under EPFO?
A person who has completed the age of 58 years and has afterward completed 10 years of relief 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 warfare of EPF Employer Contribution shall be 12% of the basic salary help dearness allowances. Employee Contribution shall along with be 12%.
Major service of EPF Scheme for employees:
- Insurance pro 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 furthermore earned upon the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the point toward of construction/repair of house, illness and extra personal requirements.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 Sultanganj?
- 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 opening fails to register itself under EPF after becoming liable for registration?
If any Employer knowingly contravenes the provisions related to registration below EPF the he shall be punishable gone imprisonment for a epoch which may extend upto 1 year or with Good of Rs. 5000/- or both.
Penalty for delay consent of EPF Contribution
If an employer fails to consent the contribution on time next he shall be responsible to pay interest on the amount at taking into account 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 get older required to accept EPF Registration in Sultanganj 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 dynamic days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this conflict applies only to employees on roll behind the organization.
Contact us at +91-8540078000, +91-8540085000, +91-8540099000
Email us at: info@meerad.in