Amendment in PF Rule? Help me in knowing the details - CiteHR
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Laveleen
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Shrawani
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Prasanta
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Hi Friends, I had recently joined in a knitting industry. I was unaware of the recent amendments in provident fund. While going through this cite i come across the amendment in PF Rule. Could you please help me in knowing the details about the amendment.
Regards,
Prasanta
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PLEASE HELP ME HOW TO DO P F CACULATION IS IT ON GROSS OR BASIC aFTER 5 YEARS HOW MUCH WILL BE MINE PF sINE LAST TWO DAYS I AM ASKING
HI Prashant, PF is calculated on your basic: Employees contribution: 12% of Basic goes towards EPF employer’s contribution: 3.67% of bascic towards = EPF 8.33% OF BASIC towrads = FPF
S.No Type & Nature Of Document Description Of the Form Relevant Clause Schedule Of Submission/ Maintenance Submitting Authority

1 Form 2 Declaration & Form of nomination for EPF / Pension/ IF to be filled in by the eligible employee 33(EPF);18(EPS);10(EDLI) As & when a new entrant joins the scheme Concerned RPFC

2 Form 3A/ Form 7 (PS) Members' Annual Contribution Cards 35,42,43,44(EPF); 19(EPS) By 30th April every year for the year ending 31st March Concerned RPFC

3 Form 9/Form 3(PS)/ Form 1(IF) Consolidated return of employees entitled to become members of the funds on the date of application of the scheme 36(EPF); 20(EPS); 10(EDLI) within 15 days of the commencement of the scheme Concerned RPFC

4 Form 5 / Form 4(PS)/Form 2 (IF) Return of employees qualifying for membership under PF, Pension & Insurance Fund for the first time during the month 36(EPF); 20(EPS); 10(EDLI) within 15 days of the close of month Concerned RPFC

5 Form 10 / Form 5(PS) Return of employees leaving the service of the employer during the month 36(EPF) ; 20(EPS) within 15 days of the close of month Concerned RPFC

6 Form 5-A Return of ownership in duplicate 36A(EPF); 21(EPS); 1(EDLI) Immediately on coverage & within 15 days of making any change in the establishment Concerned RPFC

7 Form 12-A/ Form 6 (PS)/ Form 4 (IF) Consolidated Statement Of Dues and Remittance 38(EPF) ; 20(EPS) ; 10(EDLI) within 20 days of the close of the month Concerned RPFC

8 Form 6-A/ Form 8 (PS) Consolidated Annual Contribution statement 43(EPF) ; 20(EPS) By 30th April every year for the year ending 31st March Concerned RPFC

9 Form 13 Form concerning transfer of previous accumulation dues from existing PF 28(EPF) As and when required Concerned RPFC

10 Form 11 Details of past employment / membership of employee As and when required Concerned RPFC

11 Challan ( there is one consolidated challan of accounts 1,2,10,21 & 22 ) Remittance of PF contribution, Pension fund, Administration & Inspection Charges, EDLI & its admin. Charges within 15 days of the close of month Concerned RPFC

12 Form- 10 C Form to be used by a member of EPS 1995 for claiming withdrawal benefit / Scheme Certificate As and when required Concerned RPFC

13 Form- 10 D Form to be used for claiming superannuation pension, Retirement pension, Short Service Pension, Disablement pension, Widow Pension, Children Pension, Orphan Pension As and when required Concerned RPFC

14 Form- 19 Claim form to be used by a major member of the EPF scheme As and when required Concerned RPFC

15 Form- 20 Claim form to be used by a nominee/ or a legal heir in case of death of a member of the EPF scheme As and when required Concerned RPFC

regards

hiksingh
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