Contribution Rate Employee (12%)

Contribution Rate
Employee (12%):-
12% of monthly basic is paid by the employee towards Provident Fund.
Employer (13.61%) :-
Employee Provident Fund 3.67% of monthly basic
EPF A/c Administrative charges 1.10% of monthly basic
Pension Fund 8.33% of monthly basic
Employee Deposit Link Insurance 0.5% of monthly basic
Administrative charges on EDLI 0.01% of monthly basic
Note:-
In the EPF deposit challan the amounts are to be mentioned in respect as under.
 A/C No.1 – EPF [3.67% of employer share & 12% of employee contribution]
 A/C No.2 – Administrative charges [1.1% of salary on which EPF deducted]
 A/C No.10 – FPF [8.33% of employer share of contribution]
 A/C No.21 – EDLI [0.5% of salary on which EPF deductions were made]
 A/C No.22 – Administrative charges on EDLI [0.01% of salary on which EPF
deductions were made].
Total amount is to be deposited through single challan in quadruplicate in State Bank of India or
State Bank of Patiala or Bank authorized in this behalf of EPF authorities.
Bank will keep two copes and return to copies as receipt. One of the above bank receipts is to be
attached with EPF monthly return on Form 12A and to be submitted with office of Regional
Provident Fund commissioner of your area.
Check PF of own Company or that of Contractors:-
Month wise Statutory Deposits & Returns
January
Before 15th - P.F. Challan

Before 25th – P.F Form 5, Form 10 & Form 12-A
February
Same as January month
March
Before 15th - P.F. Challan
Before 25th – P.F Form 5, Form 10 & Form 12-A
P.F. Annual Returns in Form 6A & 3A
April to December
Same as January month
Monthly PF Returns
 Ensure remittance of PF contributions of employees and employers in PF Challan on or

before 15th of the following month of salary disbursed.
 Submit PF Challan along with following documents to concerned PF Office as monthly
returns.
1. Form 12 A – Consolidate statement of amounts disbursed

2. Form 2 – Individual declaration forms in respect of any newly joined employees
3. Form 5 – Consolidate list of newly joined employees
4. Form 10 – Consolidate list of persons who have resigned/terminated
Please ensure that you submit these forms to PF office under cover letter and have an
acknowledged copy for you records.
Annual Returns
 Form 3A: Contribution card for specific currency period (Employee wise)
 Form 6A: Annual Statement of contribution (Company Wise)
Employees Provident Fund Form No.10 C & Form 19
Instructions for a member while sending application to Employees Provident Fund

Organization.Use the appropriate form for claming Provident Fund Pension, Withdrawal
benefit/scheme certificate, Employees Deposit Linked Insurance benefit. As given below:-
 Form 19: To claim final settlement of Provident Fund by a member.
 Form 20: To claim Provident Fund by nominee/legal heir on death of the
deceased member.
 Form 10-D: To claim pension. (In duplicate : if within state, in triplicate: if other
state) if employee is having more than 10 years of service
 Form 10-C: To claim withdrawal benefit/scheme certificate under Employees
Provident Fund Scheme 95 if employee is having less than 10 years of service
 Form 13: To effect transfer of Provident Fund/Pension from one A/c to another.
Specific additional requirements
Death Cases:-
 Nominee/legal heir should apply in Form 20/Form 10-D/Form 5IF.

 If the member has not executed any nomination, application should be supported with
certificate of Legal heir/ Succession Certificate from family members issued by Revenue
official/sworn in an affidavit by a court of law.
 Death certificate of the member.
Pension Cases:-
 Joint photograph of member/spouse or the claimant should accompany the application.

 Details of the branch of the specified bank may be given legibly.
 Date of birth certificates of children.
Some Important points regarding the withdrawal of the PF Amount
 Regarding withdrawal of PF, you have to withdraw the forms from any PF Office and fill
these up and send to the respective employers.
 The Employee & Employer’s contribution columns have to be left blank. The same will
be filled up by the employers and signed by their authorized signatory and deposited to
the respective PF office.
 Well, in the said forms, there is one column, asking the mode of payment. It would be
preferable if you choose the option of transferring your PF amount directly to your bank
account. The transaction is safe and fast.
 After Resignation employee can finally withdraw money after 3 months from the date of
resignation and for the same, PF form need to be submitted to PF office only after 2
months from the date of resignation.
Withdrawing Employee PF amount

Now that is more simple than it is usually conceived to be. The first question one needs to ask
oneself is that ‘Do you really want to withdraw the PF saving or simply transfer it to the new PF
account with the new Employer?’ If the new employer you joined with does not have a PF
account or you in fact you decide to while away your time then you still have 2 options!!
Option 1 – Withdraw the PF amount using the following 2 Forms
 Form 19 – For withdrawal of Provident Fund Amount

 Form 10 C – For withdrawal of Pension Amount; But now, if you have already put in
more than 10 years of contribution in PF then what you need is Form 10 D instead to
withdraw the Pension amount.
Option 2 – Opt for a scheme certificate in lieu of withdrawal and transfer it to the the PF account
of your new employer you wish to join later.
Now if you don’t wish to opt for any of the above and you only want to transfer your PF account
with the new employer, i would say that this is a wise decision because there is no saving
account in India which gives you a better interest rate than PF and secondly you can later opt for
loan for housing, marriage, etc too. Well if this is your decision, then it is Form 13 ( Application
for transfer of EPF Account) that you need. Just fill in the said form, get your present employers
(authorized signatory) signature and forward the same to your previous employer. The PF
amount in your previous employers PF account would get transferred to your present PF account.

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Contribution Rate

12% of monthly basic is paid by the employee towards Provident Fund.

Employee Provident Fund 3.67% of monthly basic

EPF A/c Administrative charges 1.10% of monthly basic

Pension Fund 8.33% of monthly basic

Employee Deposit Link Insurance 0.5% of monthly basic

Administrative charges on EDLI 0.01% of monthly basic

Check PF of own Company or that of Contractors:-

Month wise Statutory Deposits & Returns

Before 15th - P.F. Challan

Same as January month

Before 15th - P.F. Challan

Before 25th – P.F Form 5, Form 10 & Form 12-A

P.F. Annual Returns in Form 6A & 3A

Same as January month

 Ensure remittance of PF contributions of employees and employers in PF Challan on or

1. Form 12 A – Consolidate statement of amounts disbursed

Employees Provident Fund Form No.10 C & Form 19

Instructions for a member while sending application to Employees Provident Fund

Specific additional requirements

 Nominee/legal heir should apply in Form 20/Form 10-D/Form 5IF.

 Joint photograph of member/spouse or the claimant should accompany the application.

Some Important points regarding the withdrawal of the PF Amount

Withdrawing Employee PF amount

Option 1 – Withdraw the PF amount using the following 2 Forms

 Form 19 – For withdrawal of Provident Fund Amount

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