EPF is the main platform of savings in India for nearly all people working in Government, Private or Public sector organizations.
It is implemented by the Employees Provident Fund Organization (EPFO) of India.
Employees Provident Fund Registration can be effectively completed by DhanTax (Business Consultant) in Delhi NCR,Kolkata, Mumbai, Bengaluru, Chennai & Bikaner,Tripura and other Indian cities.
If you want to register your company Employees Provident Fund then you can consult with DhanTax.
DhanTax expert team will help you with Employees Provident Fund.
You need to fill our EPFO Registration form and submit documents for EPFO Registration.
We draft your application for EPFO Registration as per your choice.
We applied for pf on saram suvidha portal on behalf of your company.
Once EPFO Registration Application gets approved by respective body, we shall send you all the documents and Licence.
|S.N.||Para of EPF Scheme 1952||Purpose||Eligibility||Amount admissible|
|1.||62||Financingof Member’sLife Insurance Policies||A policy in the name of the member.
Policyshouldbe legally assigned to CBT (EPF).
|Employees’ share should have sufficient balance to pay the premium.|
|2.||68-B, 68-BC,68- BD||Purchaseof House/flat, including acquisition of land.||Five years membership of the Fund. Employees’shareis more than Rs 1,000/-||Twenty four months wages & DA or total balance in PF account(Employees’ +Employer) or total cost, whichever is less. After five years another part withdrawal equal to 12 months wages & DA or employees’ share for addition/alteration. After ten years from the original sanction, another part withdrawal equal to 12 months wages & DA or employees’ share for addition/alteration.|
|3.||68-BB||Repayment of housing loan.||Loan should have been taken from notified agencies. 10 years membership of Fund. employees’ share in PF account should be more than Rs 1,000/-||Thirty six months wages & DA or total balance in PF account (employees’ + employer share) or total outstanding loan & interest thereon, whichever is less|
|4.||68-BC||Purchaseof House/flat, including acquisition of land.||Five years membership of the Fund. employees’shareis more than Rs 25,000/-||Total balance in PF account officememberorcostof acquisition,whicheveris less.|
|5.||68-BD||Purchaseof House/flat, including acquisition of land.||Threeyears membershipofthe Fund. Member of a registered Cooperative Society.||90% of PF accumulation (both shares) or cost payable, whichever is less.
Employees’shareis more than Rs 25,000/-
|1.||68-H||Ifestablishment / factory is closed/locked down||Employee receives no compensation or has not got wages for two months or more.||Upto 100% of employees’ share.|
|2.||68HH||If the employee remains unemployed for more than one month||Unemployment should be more than one month||Upto75%oftotalPF balance.|
|3.||68-J||Illnessof self and family||Hospitalization for more than one month, major illnesses or major surgery.||Basic Wages & DA for six months or employees’ share, whichever is less.|
|4.||68-K||Marriage (self ,children ,brother & sister) or post matriculation education of children||Sevenyears’ membership of fund. employees’ share in PF balance is more than Rs 1,000/- Only three withdrawals allowed.||50% of employees’ share.|
|5.||68-L||Natural calamity||Natural calamity declaration by State Government & proof of damage to property.||Employees’shareorRs 5,000/-, whichever is least.|
|6.||68-M||Cut in electricity in factory/establishment||Cut in electricity supplied by State Government.||Wages for a month or Rs 300/- or employees’ share, whichever is less.|
|7.||68-N||Physically handicapped members for purchaseof equipment||On account of physical handicap.||Basic Wages & DA for six months or employees’ share or cost of equipment, whichever is less.|
|8.||68-NN||Withdrawal one year before retirement.||Age of member is 54 years and above||90% of total PF balance|
|9.||68-NNN||Forinvestmentin VarishtaPension Bima Yojana.||Age of member is 55 years and above||90% of total PF balance.|
|Submission of PAN||Non submission of PAN||No TDS deducted in case of|
|If 15G/15H is submitted, no TDS is deducted
If 15G/15H is not submitted,TDS deducted at 10%
|TDS is deducted at Maximum Marginal Rate (34.606%)||Transfer of Fund
Payment of advance
Service is terminated by employer beyond control of employee
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