Dear Friends,
I am a payroll executive at Thomson Press India Ltd and oversee the PF trust. Currently, we are in the process of surrendering into compliance. Could someone please guide us on how to transfer money to members' UAN accounts?
Thank you.
From India, Faridabad
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I am a payroll executive at Thomson Press India Ltd and oversee the PF trust. Currently, we are in the process of surrendering into compliance. Could someone please guide us on how to transfer money to members' UAN accounts?
Thank you.
From India, Faridabad
Acknowledge(0)Amend(0)
EPF Exemption and Compliance Process
If you are exempted from EPF under Sec 17(a)(1) and your exemption is cancelled, contact your RPFC to file ECR under the appropriate code. File the ECR from the date mentioned in your exemption cancellation letter.
Further, prepare a list of the members in the Trust with their UAN and balance as of that date. Get the list audited by the Auditor. Request permission from the PF office to liquidate the investments. Prepare an up-to-date balance list with interest. Within 10 days, prepare the DD in the name of RPFC and send it to the PF office along with the list, ensuring the total matches with the DD.
Any deficiency in the amount should be borne by the employer.
Thanks,
Vidyadhar Bhat
From India, Pune
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74If you are exempted from EPF under Sec 17(a)(1) and your exemption is cancelled, contact your RPFC to file ECR under the appropriate code. File the ECR from the date mentioned in your exemption cancellation letter.
Further, prepare a list of the members in the Trust with their UAN and balance as of that date. Get the list audited by the Auditor. Request permission from the PF office to liquidate the investments. Prepare an up-to-date balance list with interest. Within 10 days, prepare the DD in the name of RPFC and send it to the PF office along with the list, ensuring the total matches with the DD.
Any deficiency in the amount should be borne by the employer.
Thanks,
Vidyadhar Bhat
From India, Pune
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PF Online Transfer Process.pdf
PF Transfer Request Letter - For PF Trust.doc