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PF RC

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Deepti Bisht
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0% found this document useful (0 votes)
102 views3 pages

PF RC

Uploaded by

Deepti Bisht
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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: : 3317134 wet . = ‘3326804 s0BeSEE OFFICE OF THE REGIONAL PROVIDENT FUND : COMMISSIONER Da Floor Mayur Bhawan New Delhi-110001 "No. Coord/DU Con Je/ < Regd. A.D. nemoe_ Yak’ Dae the : ve}s|2eei we weber bterective Semvices (tmelag) fle. < Sent Read Measend dua Wess Sub. : Applicability of the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 and the Schemes framed thereunder to M/s ear Sirs, _ (On the basis of particulars furnished by you on 3¢1;3Je2}....... and on this basis of the inspection ut the records of your estabilshment conducted by the Enforcement Officer OM vam tis evident re . (2) Your establishmenViactory viz Ws... AcS...c . is engaged ia Which is included in schedule t/classess of establishment in Employees’ Provident Funds and Miscellaneous Provisions Act. 1952, (b) that the said establishmentfactory has employed ......7%.1.... persons on @! ess] RECO . (©) that it has completed the infancy period in terms of provisions of Sec. 16(1) (b) of the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 of 3 years oni Therefore, the provisions of the E.PF. and Misc. Provisions Act, 1952 and the Schemes tramed thereunder are applicable to your above named establishment togetiner with head office and its branches! de ients whether situated at the same place or at different places with effect from i, ‘le inally/provisionally, subject to further verification of your records for the earlier period. With reference to your application No . dated .. you are hereby alloted code No. DU’ on Administrative ground. Please note that this yil the original applicability of the establishment and it ‘tq "© forall purposes \damages etc.) Employee's share for the period to will not bg’ waived off.) ir application No. dated s Act, 1952 under Section 1 (4) of the said Act, on voluntary basis a to your establishment namely DL/ provisionally covering your establishment with effect from ... ... pending issue of a notification by the Government of India in exercise of the powets conferred on them by sub-section (4) of Section 1 of the E.PF. & Misc. Provisions Act’ 1952. The Code No. DUsS‘A'7244)....... is allotted to your estt. for the purpose of making compliance with the various provisions.of the E.PF. & Misc. Provisions Act, 1952 and the Schemes framed \ thereunder namely, E.P.F. Scheme, 1952 Employees Pension Scheme, 1995 and Deposit Linked ~Ingurance Scheme, 1976, This Code No. shout! invariably be quoted i all the correspondences wih this office. - The contribution payable by the employer shall be @ .....1.2....% of basic wages, dearnes allowance (including cash value of food concession) and retaining allowance, if any payable to each employee every month. The contribution payable by the employee shall be equal to the contribution payable by the employer. |. The contribution shall be calculated on the basic wages dearness allowance etc, payable during the whole month whether paid on daily; weekly, fortnightly or monthly basis. Il. each contribution shall be calculated to the nearest rupee i.e., 50 paise or mora to be counted ‘as the next higher rupee, and fraction of a rupee less then 50 paise to be ignored Il for the purpose of calculation of contribution the wages may be rounded off to the nearest rupee i.e. 50 paise or more being taken as one rupee and less than 50 paise ignored. (Hindi version at overleaf) Contd. page 2 re ee eee 15 days of the close of every month in the Accounts of t of India by challans in the following manner ee ee Fund maintained by the State Ban! (@) E.PF. contribution To be deposited in E.PF. Wc. No. 1 (b) Administrative charges To be deposited in E.P.F Ac, No. 2 (©) EPS. ‘To be deposited in Employees, Pension A/c No. 10. Note (1) The rate of administrative charges 1-10% w.ef. 1-8-98 subject to a minimum of Rs. 5/- of pay basic wages, dearness allowance including cash value of any food-concession and retaining allowance, if any. (i It may be noted that if timely deductions are not made from the member's wages, the employer will have to pay both the shares himself, as the recovery of arrear, contributions for the back period from the subsequent wages of the employee's is prohibited except when such recovery could not be made at the appropriate time dut eo accidental mistake or clerical error. (ii) The Employees’ Pension Scheme 95 will be applicable from prospective the date of coverage. Besides making deposits in A/c. No. 1, 2 and 10 as explained above, you are also required to deposit the contributions and Admn. Charges in Account No. 21 and 22 under the mployee's Deposit Linked Insurance Scheme, 1976, in the manner indicated below within 15 days of the close of each month. (1) Deposit-Link Insurance Fund A/c. No. 21 To this account contributions will be deposited @ 0.5% which will be the aggregate the basic wages, dearness allowance including cash value of food concession and retaining allowance if any, payable to the employees by employer. (2) Deposit Linked Insurance Fund To this account will be deposited the administration charges @ 0.01% (wef. 1-10-87) subject to a minimum of Rs. 2 which will be the aggregate of the basic wages, deamess allowance (including the cash value of food concession are retaining allowance) if any, payable to the employees by an employer Prior to this the rate was 0.1%. The desposu in the above accounts, viz. 1,2,10,21 and 2 are to be made by separate challans and triplicate copies of the challans as received from the Bank, should be forwarded to this office duly attached with Form 0 12A (Revised) (explained below). You are required to maintair/forward the following returns:- (i) Form No. 9 Revised under the E.PF. This is to be submitted to this office once in respect Scheme 1952 & E.P. Scheme 1995 of those employees who are required, or entitled, to become members on the date the factory/establishment is covered under the scheme. (i) Form No. 2 under the E.PF Scheme — These are to be obtained in duplicate form every 1952 and also under the E.P. Scheme 1995 member for submission to this office (ii) Form No. 5-A This is to be submitted to this office in duplicate, Any subsequent change in ownership is also to be notified to this office through this form. (iv) Form No. 3A This is to be maintained at the factory/establishment, in respect of every employee who is a member, in which the contribution paid to the PF. are to be posted every month. (v) Form No. 6-A This is a annual return of contribution and is to be submitted to this office with in 30 days of the close of the financial year, along with from 3A (Last contribution to be shown for Feb. payable in March each year). (Hindi version at overleaf) Contd. page 3 ' @) (vi) Form No. 12A This. is the monthly return of contribution and is to = be submitted to this office by 25th of every following month, Triplicate copies of the challans in support of the deposits made in the State Bank of India should be attached with this. (vi) Form No, 5 & 10 ‘These are the returns of employees who have become - new member or have left the service in the month and are to be submitted to this office by the 15th of ‘the following months. All tiva forms prescribed under the Employees’ Provident Funds Scheme, 1952' the Employees Pension Scheme, 1995, and the Deposit Linked Insurance Scheme, 1976, are available in the PF. office and will be supplied ‘ree cf cost on receipt of your indent. The Speciman of forms are enclosed. Regarding Employees’ Pension Fund contributions, it should be separated from the Employer’ Provident Fund Centribitions and shown separately in the respective Forms and remitted separately in Account No. 10 from tha month of .eat|oialol eve ON Wards. As regards E.R. and E.D.L.I. dues fer the period from cileukece w7ls}ateey.. arrears should be remitted en or befor |S: 6).- 2&@e}- In case, the employees shown in form'9 (Revised) were the members of the establishment's Private Provident Fund at the commencement cf the Schema, the accumulations in the Provident Fund standing to their credt should be remitted into the State Bank of India to the credit of the E.PF, Account No. 1 through the praseribed chailans and the triplicate copy of the challans sent to this office. All the amounts relating to the Provident Fund accumulations lying invested in securities should be transferred to the E.P.F. within four months by having the securities transferred to and endorsed: ~ in favour cf the Central Board of Trustees, Employees’ Provident Fund, and the Securities thus transferred should be sert io this office. A note containing the instructions in ‘the matter of transfer to these accumulations is enclosed, Cash and hand in relation to the Accounts of the Private Provident Fund should be remitted within 20 days from the receipt of this.communication, falling which damages at the prescribed rates wil have to be paid by you on the delayed remittances made in cash after the due dete. Tho receipt of this lelter-along with its enclosures may kindly be acknowledged. (2p emu Regional Provident Fund Commissioner Encls : 1. Instructions regarding implementation of the Employees’ Provident Fund Scheme, employees’ FE. Pension Scheme, and Employees’ Deposit Linked Insurance Scheme. Instructions regarding allotment of Account Nos. Instructions regarding transfer of Provident Fund Accumulations and transfer of securities. 4. Ready Reckoner for calculation cf Provident Fund contributions, Family Pension contribution and Deposit Linked Insurance Contributions. 5. Form SA (in triplicate) Copy to 1. The Enjorcement Otficer ShriSprt. S.S..Vreaang, for watching compliance. Helshe is requested to obtain 5-A in duplicate in respect of the establishment immediately. He/She is advised to finalise the coverage within 45 days as per instructions contained ~ in CPFC’s circular No. “E-72H4428)-80/PN dated 66:81. TofgpZc 2. Acccunts Branch (NehriPlace/Gupta-Complex) (It is understood that this. factory/ establishment has/has no previous Provident Fund accumulations to transfer to E.PF. This may please be noted in the contributions Register maintained in the Group with suitable remarks). Enforcement Branch Cix-€.0.€..—=-JL-. File No. E/DU oes RPE. ssesssee . with reference to their letter No dated .. for information and necessary action.

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