" Advising, Administration, Documentation and Maintenance of various records and statutory compliance"


Provident Fund

Purpose & Object The Employees' Provident Funds & Miscellaneous Provisions Act, 1952 has been enacted with the main objective of protecting the interest of the employees after their retirement and their dependents after death of the employee. The Act provides insurance to workers and their dependents against risks of old age, retirement, discharge, retrenchment or death.
EPF Applicability The Employees' Provident Funds & Miscellaneous Provisions Act, 1952 extends to whole of India except the state of Jammu & Kashmir.
It applies on every establishment employing 20 or more persons & engaged in industry specified in Schedule I of the Act or any other activity notified by the Central Government.
It applies to all departments / branches of an establishment wherever situated.
Any establishment employing even less than 20 persons can be covered voluntarily under section 1(4) of the Act.
EPF Eligibility Employees drawing salary / wages at the time of joining up-to Rs. 6,500/- per month are governed by the provisions of the Act;
Employees drawing salary / wages more than Rs. 6,500/- per month may also be brought under the purview of the Act at the discretion of the management and by furnishing a joint undertaking to the Provident Fund Commissioner;
Employees engaged through the Contractor in or in connection with the work of an establishment are also covered under the purview of the Act.
Rate of EPF Contribution
Monthly Contribution Employees’ Provident Fund Employees' Deposit Linked Insurance Scheme Employees' Pension Scheme
By Employer 12% of Basic Wages, Dearness Allowance, Cash Value of Food Concession & Retaining Allowance plus Administrative Charges 0.50% of Basic Wages, Dearness Allowance, Cash Value of Food Concession & Retaining Allowance (subject maximum wage limit of Rs. 6,500/-) plus Administrative Charges 8.33% (out of 12% contribution payable under EPF) subject to maximum of Rs. 541/-
By Employee 12% of Basic Wages, Dearness Allowance, Cash Value of Food Concession & Retaining Allowance NIL NIL
By Central Government NIL NIL 1.16%


Services We Offer

At PCS, we take care of the following compliances to Employees' Provident Funds & Miscellaneous Provisions Act, 1952:
Criteria for applicability for Employees' Provident Fund (EPF)
Obtaining EPF Registration / EPF Code Number;
Monthly reminders for EPF Payments
Preparing and filling monthly returns with Employee’s Provident Fund Authority
Preparation & Maintenance of Statutory Registers & Records as required under EPF Act / Schemes;
Preparation & Maintenance of Inspection Note Book, Annual Contribution Statement, Pass Book;
Furnishing of particulars of change in ownership / management of the establishment;
Formation of EPF Trust & Compliances thereof


Support in ESI Compliances

Providing day to day consultancy on matters pertaining to EPF, pension scheme & insurance scheme
Consultancy on Identification of best suited EPF Policy;
Assistance in preparation of contribution cards of employees;
Assistance in Renewal of EPF Contribution Cards of covered employees;
Assistance to employees in Withdrawals from EPF
Assistance to employees in Transfer of EPF Accumulation;
Assistance to employees of establishment in claiming widow pension, family pension , children pension under employee pension scheme;
Assistance employees in claiming / obtaining superannuation pension;
Assistance at the time of inspection / search / enquiries conducted under the Act;
Correspondence / Liaisoning with concerned EPF Department / Office
New point :Assistance for setlling the claims against the Firm and arrive at the common and reasonable solution


Legal Support

Replying / Satisfying Show Cause Notices issued under EPF Act;
Replying / Satisfying Demand Notices issued under EPF Act;
Appearing before the concerned authorities on behalf of the establishments in show-cause / adjudication proceedings
Defending Prosecution Proceedings against the Management of the establishment
Drafting & filing of Review Applications under the Act;
Drafting & filing of Appeal to Employees’ Provident Fund Appellate Tribunal.