EPF registration in Patna City 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 scheme is regulated by EPFO and was introduced to provide the pro of the Provident fund Scheme to large number of employees. This Plan is administered by the central processing for the welfare and plus of the workers.
Who are required to take EPF Registration in Patna City?
Establishment employing 10 or more workers drawing salary less than Rs.21,000 per month.
Who can allegation the lead of pension scheme under EPFO?
A person who has completed the age of 58 years and has moreover completed 10 years of utility 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 suit of EPF Employer Contribution shall be 12% of the basic salary pro dearness allowances. Employee Contribution shall furthermore be 12%.
Major give support to of EPF Scheme for employees:
- Insurance gain upto Rs. 6 lakh to the family member of deceased.
- Life long pension improvement if the employee has contributed for a continuous mature of 10 years.
- Interest is then earned on the amount deposited in EPF account and such amount is tax free.
- EPF amount can be withdrawn for the aspiration of construction/repair of house, illness and other personal requirements.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 Patna City?
- 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 commencement fails to register itself under EPF after becoming held responsible for registration?
If any Employer knowingly contravenes the provisions linked to registration below EPF the he shall be punishable in the express of imprisonment for a epoch which may extend upto 1 year or with Good of Rs. 5000/- or both.
Penalty for delay assent of EPF Contribution
If an employer fails to assent the contribution upon time subsequently he shall be answerable to pay interest on the amount at in imitation of 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 grow old required to accept EPF Registration in Patna City 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 take 2-4 working days.
Does the provisions of EPF applies to Casual or Temporary workers?
No, the provisions of this act applies lonesome to employees upon roll in the same way as the organization.
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