EPF registration in Beur Patna 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 Plan is regulated by EPFO and was introduced to find the maintenance for the gain of the Provident fund Scheme to large number of employees. This plot is administered by the central supervision for the welfare and plus of the workers.
Who are required to accept EPF Registration in Beur Patna?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can claim the lead of pension Plan under EPFO?
A person who has completed the age of 58 years and has furthermore completed 10 years of service 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 help dearness allowances. Employee Contribution shall in addition to be 12%.
Major relief of EPF Scheme for employees:
- Insurance benefit upto Rs. 6 lakh to the family member of deceased.
- Life long pension help if the employee has contributed for a continuous mature of 10 years.
- Interest is moreover earned upon the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the point of construction/repair of house, illness and further personal requirements.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 Beur Patna?
- 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 below EPF after becoming answerable for registration?
If any Employer knowingly contravenes the provisions similar to registration under EPF the he shall be punishable subsequently imprisonment for a times which may extend upto 1 year or with fine of Rs. 5000/- or both.
Penalty for delay assent of EPF Contribution
If an employer fails to concede the contribution on time later he shall be held responsible to pay interest upon 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 become old required to accept EPF Registration in Beur Patna 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 energetic days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this skirmish applies forlorn to employees on roll in the same way as the organization.
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