To claim the paid PF fund under the ABRY scheme and understand the subsequent payment process for employees in Mumbai, India, follow these steps:
1. Claiming Paid PF Fund:
- Log in to the EPFO portal using your UAN and password.
- Go to the 'Online Services' tab and select 'Claim (Form-31, 19, 10C & 10D)'.
- Enter the last four digits of your bank account and click on 'Verify'.
- Select the claim you wish to make (in this case, PF withdrawal) and proceed with the online application.
- Upload the required documents such as a canceled cheque, UAN card, and KYC details.
- Submit the claim form online for processing.
2. Payment of PF Fund for Future Months:
- Ensure timely payment of PF contributions for employees who joined between 01 Oct 2020 to 30 Jun 2021 under the ABRY scheme.
- Calculate the PF contribution amount (12% of basic wages + DA) for both the employer and employee.
- Deposit the total PF contribution (employer's and employee's share) in the EPF account by the 15th of the following month.
- Generate the ECR (Electronic Challan cum Return) and remit the PF amount through the EPFO portal.
- Maintain accurate records of PF payments and ensure compliance with all regulatory requirements.
By following these steps, you can successfully claim the paid PF fund under the ABRY scheme and continue making timely PF contributions for your employees in Mumbai, India.