New to the Personal Department: Can Someone Explain the PF Concept and Procedures?

Hi, I am Shyamal. Sir, I just joined the Personal Department and I don't know the PF concept, its procedures, and rules. Can you guide me?

Thanks and Regards,
Shyamal Zadpe.

Hi,

In the PF, a lot of procedures are there. You can contact your nearest PF organization for further clarification. They will guide you definitely. In PF, there are a lot of forms available.

Hi, in PF, a lot of procedures are there. You can contact your nearest PF organization, and they will guide you on how to make PF.

Thank you.

Hi, Shyamal.

Basically, PF is deducted on a basic salary below 6500. It is 12% of Employees' Contribution and 13.61% of Employer Contribution. Details of the forms are given below:

- Form - 2 (Revised) For Nomination & Declaration Purpose.
- Form 12 (A) Monthly Return.
- Form - 5 For Joining Details on a monthly basis.
- Form - 10 for Leaving Details on a monthly basis.
- Form - 6 (A) Annual Return
- Form - 3 (A)

Hi Shyamal,

Please go through the EPF Act, 1952. Later, you may browse the information on EPFO, and if you still need any clarification, you can post here. Many HR professionals are here in this forum to help you.

Regards, Vishwanath

Dear Sham,

Please find attached the PF basic information details.

With regards,
Kiran Kumar K C

Dear All,

I hope you are all well. Please find attached the PF Calculator.

Thank you.

Hello Sir,

Four months ago, I resigned from my previous company and joined my new company. I did not withdraw my old PF, but now I want to withdraw it. Could you please advise me on the procedure?

Thank you.

Hi friend, I want to emphasize the need for only Professional Tax (PT) deduction in the salary sheet format and pay slip format.

Dear Shyamal,

Please see the attached file, which may be helpful to you in connection with your query.

Dear Mr. Kulkarni,

Please see the Excel attached sheet of the payslip for your needs.

Hi Deepak,

Please fill out the withdrawal forms 19 and 10C, obtain the authorized signature from your old company, and submit the forms to the PF office.

With regards,
Kiran Kumar K C