EPF registration in Jehanabad 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 find the grant for the lead 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 Jehanabad?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can allegation the benefit of pension plot under EPFO?
A person who has completed the age of 58 years and has in addition to completed 10 years of help 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 case of EPF Employer Contribution shall be 12% of the basic salary benefit dearness allowances. Employee Contribution shall afterward be 12%.
Major further of EPF Scheme for employees:
- Insurance benefit upto Rs. 6 lakh to the family supporter of deceased.
- Life long pension pro if the employee has contributed for a continuous time of 10 years.
- Interest is with earned on the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the target of construction/repair of house, illness and additional personal requirements.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 Jehanabad?
- 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 foundation fails to register itself below EPF after becoming responsible for registration?
If any Employer knowingly contravenes the provisions united to registration under EPF the he shall be punishable past imprisonment for a get older 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 give in the contribution upon time subsequently he shall be answerable to pay interest on the amount at subsequently 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 time required to accept EPF Registration in Jehanabad 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 accept 2-4 in action days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this deed applies and no-one else to employees upon roll as soon as the organization.
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