Understanding RPFC vs. PF Trust: Can Someone Clarify the Differences?

Dear All,

Can anyone explain to me the difference between RPFC and PF trust?

Regards,
Saritha

Dear Friend,

RPFC stands for "Regional Provident Fund Commissioner." This is the quasi-judicial authority appointed in every region to take care of the rights and duties given under the PF Act. A PF Trustee is a trustee appointed to take care of PF funds.

Regards

Dear Aslam ji,

First of all, we need to determine whether the PF Act is applicable to your company and employees. If yes, when does the Act become applicable to your company, and you will have to pay interest and damages after obtaining the PF Code.

If not, the employees can still voluntarily authorize the company to deposit the same after obtaining the PF Code.

Regards

Dear All,

I want to establish the EPF Trust in my company. We have 1000+ employees, all of whom are covered under the EPF Act. Kindly guide me on the same regarding what would be the starting procedure to establish a PF Trust.

Thanks,
Shubham