Provident Fund Returns
Provident Fund Returns – Classic Partners LLP
Classic Partner – LLP Compliance & Advisory Services
What is Provident Fund Returns ?
The Employees’ Provident Fund (EPF) is a statutory social security scheme governed by the Employees’ Provident Fund Organisation (EPFO) under the EPF & Miscellaneous Provisions Act, 1952. Both employer and employee contribute to the PF account monthly, which acts as a long-term retirement and savings benefit.
Filing Provident Fund Returns is a statutory responsibility of every registered employer. Regular filing ensures that employees’ PF contributions are deposited correctly and their accounts are updated with the EPFO.
Who Needs to File PF Returns?
All employers registered under EPFO having 20 or more employees.
Employers voluntarily registered with EPFO.
Companies, LLPs, Firms, and Proprietorships employing eligible staff.
Documents & Information Required
PF Registration Number (Establishment Code)
Employee details (UAN, name, wages, PF contribution, etc.)
Challans of PF payments made
Salary & attendance records
Digital Signature Certificate (DSC) of employer/authorized signatory (if required)
Types of PF Returns & Due Dates
Employers are required to file monthly and annual returns online on the EPFO portal.
Monthly Returns (due by 15th of the following month):
Form 12A – Details of contribution and challans paid.
Form 5 – Details of new employees enrolled under EPF.
Form 10 – Details of employees leaving the organization.
Electronic Challan cum Return (ECR) – Monthly statement of wages, contributions, and deductions.
Annual Returns (due by 30th April):
Form 3A – Member-wise annual contribution card.
Form 6A – Consolidated annual statement of contributions.
Filing Procedure
Collect salary and contribution details of all employees.
Prepare challan & deposit PF contributions (both employer and employee share) with EPFO.
Generate and upload ECR through the EPFO portal.
File monthly and annual returns in prescribed forms.
Submit acknowledgement and keep records for future inspections.
Penalties for Non-Compliance
Late Payment Interest – 12% per annum on dues.
Damages/Penalty – Ranging from 5% to 25% of arrears, depending on delay.
Prosecution – For repeated or willful default.
Why Choose Classic Partner?
Expert support for EPF registration & return filing.
Timely preparation and submission of monthly & annual returns.
Assistance with UAN generation and employee updates.
Representation before EPFO in case of notices or disputes.
Ensuring 100% compliance to avoid penalties.
Stay Compliant with Provident Fund Filing
Classic Partner helps businesses manage PF returns and compliance smoothly, ensuring employees’ contributions are secured and all statutory deadlines are met.
