EPF registration in Godda 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 lead of the Provident fund Scheme to large number of employees. This plot is administered by the central management for the welfare and plus of the workers.
Who are required to take EPF Registration in Godda?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can affirmation the lead of pension scheme under EPFO?
A person who has completed the age of 58 years and has afterward completed 10 years of facilitate without any withdrawals can claim benefit of EPF Pension Scheme.
What is amount is to be deposited by the employer towards the EPF contribution of the employee?
In achievement of EPF Employer Contribution shall be 12% of the basic salary improvement dearness allowances. Employee Contribution shall next be 12%.
Major promote of EPF Scheme for employees:
- Insurance improvement upto Rs. 6 lakh to the family member of deceased.
- Life long pension plus if the employee has contributed for a continuous times of 10 years.
- Interest is next earned upon 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- EPF amount can be withdrawn for the strive for of construction/repair of house, illness and further personal requirements.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 Godda?
- 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 answerable for registration?
If any Employer knowingly contravenes the provisions amalgamated to registration under 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 submission of EPF Contribution
If an employer fails to yield the contribution on time then he shall be held responsible to pay interest on the amount at as soon 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 era required to take EPF Registration in Godda 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 accept 2-4 effective days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this dogfight applies unaccompanied to employees on roll gone the organization.
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