PF Returns

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PF Returns

All you need to know

What is a Provident Fund Return?

TEmployees Provident Fund (EPF) is a scheme controlled by the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is regulated by Employees’ Provident Fund Organization (EPFO). PF registration is applicable for all establishment which employs 20 or more persons. PF registration can also be obtained voluntarily by establishments having less than 20 employee.

  • Provident fund is a social security system that was introduced for encouraging savings among employees, so as to benefit them during the course of their retirement.
  • Contributions are made by the employer and the employee monthly. PF contributions can only be withdrawn by the employee at the time of his/her retirement, barring a few exceptions.
  • All employers having PF registration are responsible to file returns monthly.

Important Points relating to Provident Fund:

  • PF Return: Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.
  • PF Payment: Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. For most entities, the PF rate of 12% would be applicable.
  • UAN: The Employee Provident Fund has launched the Unified Portal to streamline and simplify all aspects of provident fund for both employers and employees. Employees who have the newly allotted UAN can use the Unified Portal for various services.

Due date for Filing PF Returns:

    The due date for Monthly Challan remittance to Bank for PF is 15th of Every Month The due date for Monthly PF returns is 15th of subsequent month The due date for yearly returns is 30th April every year.

Why caagrawalkanhere as your service provider for filing PF returns?

Why caagrawalkanhere as your service provider for filing PF returns? caagrawalkanhere.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Filing PF Returns is easy, seamless, cheaper and quicker with caagrawalkanhere.com! Apart from PF returns, caagrawalkanhere.com also helps you to file Income Tax Returns, TDS Returns, GST Returns and ESI Returns easily. You may get in touch with our compliance manager on 07552761432 or email info@caagrawalkanhere.com for free query.

Consequences of late EPF return filing

Delay in the deposit of P.F. dues attracts penal damages. Damages are levied at the following flat rates:

  • Delay of 0 to 2 months– @ 5 % p.a.
  • Delay of 2 to 4 months – @10 % p.a.
  • Delay of 4 to 6 months– @ 15 % p.a.
  • Delay more than 6 months – @ 25 % p.a. (subject to a maximum of 100%)

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Details required for PF return

  • Account number.
  • Name of employee.
  • Name of the father or husband.
  • Date of leaving service.
  • Reason for leaving service.

How to File PF Returns?

5 Easy Steps

1

Fill in the Simple checklist

2

Verification of Documents

3

Preparing PF return

4

PF return filed

5

Acknowledgement Generated

Fill Simple Checklist

Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents. Our expert team will verify documents and proceed with the filing of your PF returns.

Prepare PF Returns

Once we have verified the documents, we will proceed with the preparation of PF return forms for filing with the details provided. Then we will verify the form by uploading the same in the EPFO (Employees’ Provident Fund Organization) portal using ECR credentials.

PF Returns filed

We will upload the PF return on the EPFO portal. Once the same is submitted ECR summary sheet we will prepare the Challan and generate the same and make the payment. Upon successful filing of the challan, we will provide you with the acknowledgement so received.

FAQs On PF Returns

Get answers to all your queries

If the returns are not filled for the continuous period right from taking the registration then the department can issue the notice or summon to the concerned employer for non-compliance.
After realising the dues, the PF members will be given full interest for each due month and it will in no way affect the interest due to members on the contributions paid.
The EPF returns are UAN based i.e. the employer is required to first register the employees in the EPFO at employer portal for the generation of UAN or the member id wherein we will feed the details of the employees.
caagrawalkanhere.com provides its services all across India. You can file PF Returns in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with us.
Our expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@caagrawalkanhere.com or call us @+91 9827270164.
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