Provident Fund

Provident Fund Case

The Employee's Provident Fund Organisation is a statutory body of the Government of India under the Ministry of Labour and Employment. It administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme. The schemes cover Indian workers as well as International workers (for countries with which bilateral agreements have been signed. As of now 15 Social Security Agreements are operational). It is one of the largest social security organisations in India in terms of the number of covered beneficiaries and the volume of financial transactions undertaken.

The Employee's Provident Funds and Miscellaneous Provisions Act, 1952 came into effect on 4 March 1952. The organisation is administered by a Central Board of Trustees, composed of representatives of the Government of India, provincial governments, employers and employees. The board is chaired by the Union Labour Minister of India. The Chief Executive of the EPFO, the Central Provident Fund Commissioner, reports to the Union Labour Minister through the Permanent Secretary in the ministry. The headquarters of the organisation is in New Delhi.

Presently, the following three schemes are in operation under the Act:

  • Employee's Provident Fund Scheme, 1952
  • Employee's Deposit Linked Insurance Scheme, 1976
  • Employee's Pension Scheme, 1995 (replacing the Employees' Family Pension Scheme, 1971)

Appeals

  • The orders of the Department can be appealed to Employee's Provident Fund Appellate Tribunal at New Delhi.

What we Provide

We are providing all kinds services relating to provident fund services which mainly includes:
  • Online Registration for Provident Fund code;
  • 2. Submitting all necessary documents on timely basis like Nomination Form (F-2), Declaration Form, Transfer Claim Form;
  • 20% for demerit/luxury goods and
  • Make an appeal to Employees' Provident Fund Appellate Tribunal;
  • Preparing, checking and submitting challans on timely basis;
  • Furnishing of particulars of change in ownership / management of the establishment;
  • Providing day to day consultancy on matters pertaining to EPF, pension scheme & EDLI scheme;
  • Process and submit P.F. Withdrawal forms and follow up for the same (For left employees).
  • Assistance to employees of establishment in claiming Pension
  • Assistance to employees in claiming / obtaining superannuation pension.
  • Assistance to employees to check PF balance, submit online transfer forms, track claim status
  • Replying to Show Cause Notices issued under EPF Act
  • Assistance at the time of inspections and enquiries conducted by the Inspector