Dear Chandan,
Some do's and don'ts as given on the EPF organization site are reproduced here. You and other members may like to benefit from these points of guidance:
DO'S FOR A MEMBER:
1. While joining an establishment, furnish details of previous employment, if any, with the previous Provident Fund account number and scheme certificate.
2. In case of an existing Provident Fund/Pension account, apply for the transfer of the previous account number to the present account number.
3. Ensure that the employee furnishes a form with details of the previous Provident Fund account number to the Employees' Provident Fund Organization.
4. Execute form-2, with details of self, nominee for Provident Fund and pension, details of family, and ensure it is forwarded to the Employees' Provident Fund Organization by the employer.
5. Ensure that the particulars furnished are correct in all respects.
6. Ensure enrollment in the Employees' Provident Fund/Employees' Pension Scheme immediately upon joining the establishment.
7. Provident Fund is deducted at the statutory rate from the total wages, i.e., basic, D.A., and retaining allowance if any.
8. If desirous of enhancing the rate of contribution, inform the desire with the higher rate opted for to the Employees' Provident Fund Organization through the employer and allow the employer to deduct at an enhanced rate from the wages.
9. If the wages drawn are more than Rs. 6500/-, intimate your desire to contribute on the whole amount to the Employees' Provident Fund Organization through the employer. The employer can also contribute on the whole amount drawn as wages under intimation to the Employees' Provident Fund Organization.
10. Check periodically with the employer that contributions and other charges are paid to the Employees' Provident Fund Organization and ensure its correctness by verifying the form-3A (contribution card) maintained by the employer.
DON'TS FOR A MEMBER:
1. Don't give false clarification and incorrect particulars to the Employer and Employees Provident Fund Organization.
2. Don't fall victim to middlemen/agents. The Employees' Provident Fund Organization does not have any agents.
3. Don't allow the Employer to deduct his own share of contribution or administrative charges payable by him from the wages.
4. Don't be a party to misclassified allowances with a view to avoid payment of Provident Fund.