The Employees' Provident FUND & MP Act,1952 is an essential bit of Labor Welfare enactment instituted by the Parliament to give standardized savings profits to the laborers . At present , the Act and the Schemes confined there under accommodates three sorts of profits -Contributory Provident Fund , Pensionary profits to the workers/ relatives and the protection spread to the parts of the Provident Fund. The object of the Act in 1952 was the foundation of the obligatory contributory Provident Fund to the representatives to which both the worker and the management would help . The Employees' Provident Fund Scheme was as needs be encircled under the Act and it became effective from 1-11-1952 . Initally the title of the Act was , "The Provident Fund Act 1952".
Documenting of important papers and getting PF enlistment code number for new station inside endorsed time according to Act.
Planning of month to month Challan for EPF & kept into bank inside recommended time according to Act.
Plan Monthly Return
Receipt of structures (19 & 10-C) following 60 days of leaving of the worker making settlement.
Receipt of PF exchange structures (Form 13) from new nominees and sending them to RPFC/Ex-Employers trust for getting the exchanged through the concerned RPFC office.
Taking mind the methodology of PF withdrawals and Transfer inside recommended time according to Act.
Examination of papers to guarantee that same are inside the standards as defined under the guidelines.
Recognizing the exchanged got.