EPF registration in Arah 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 allow the benefit of the Provident fund Scheme to large number of employees. This scheme is administered by the central handing out for the welfare and plus of the workers.
Who are required to accept EPF Registration in Arah?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can claim the help of pension scheme under EPFO?
A person who has completed the age of 58 years and has along with 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 achievement of EPF Employer Contribution shall be 12% of the basic salary improvement dearness allowances. Employee Contribution shall afterward be 12%.
Major facilitate of EPF Scheme for employees:
- Insurance lead upto Rs. 6 lakh to the family supporter of deceased.
- Life long pension lead if the employee has contributed for a continuous period of 10 years.
- Interest is as a consequence earned upon the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the purpose of construction/repair of house, illness and other personal requirements.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 Arah?
- 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 establishment fails to register itself under EPF after becoming liable for registration?
If any Employer knowingly contravenes the provisions united to registration under EPF the he shall be punishable considering imprisonment for a times which may extend upto 1 year or with fine of Rs. 5000/- or both.
Penalty for delay agreement of EPF Contribution
If an employer fails to agree the contribution on time later he shall be liable to pay interest upon 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 times required to take EPF Registration in Arah 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 functional days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this achievement applies without help to employees on roll once the organization.
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