PF/ESIC Return Filing
Employee Provident Fund (PF) return filing is a fundamental responsibility for establishments with PF registration. Ensuring compliance with monthly filing requirements is essential to avoid penalties and maintain statutory adherence. At Multiuse, we recognize the significance of this obligation and stand ready to assist you every step of the way. Our team of experts is dedicated to providing comprehensive guidance and support throughout the PF return filing process, empowering you to fulfil your regulatory obligations easily and confidently.
EPF Scheme
The EPF Scheme, established by the government, is a social security initiative to promote savings among employees and ensure post-retirement benefits such as pensions. Through regular contributions deducted from their salaries, employees accumulate savings over time. Upon retirement or leaving their jobs, these savings can be accessed as a lump sum payment.
Under the EPF scheme, employers and employees contribute 12% of basic pay. While 3.67% of the employer’s contribution is directed to the employee’s EPF account, the remaining 8.33% is allocated to the Employees Pension Fund (EPF).
Employees can withdraw EPF amounts upon retirement (at or after 58 years of age), unemployment for two months, or in the event of death before the specified retirement age.
PF Return Due Date
The PF Return due date varies based on the nature of the establishment.
Private Establishments
- Private establishments must files every month, with submissions due by the 15th of the subsequent month.
- For example, if the return period is January, the PF due date deadline is February 15th.
Government Establishments
- Government establishments adhere to a quarterly filing schedule.
- Returns are to be submitted by the end of the month following the conclusion of each quarter.
- For instance, if the quarter ends on March 31st, the PF due date is by the end of April.
| Type | Due date |
|---|---|
| PF Payment | On or before the 15th of every month |
| PF Annual Return | 25th April of every year |
Missing return due dates leads to penalties and legal repercussions.
Documents Required
- Employer’s contribution amount to EPF
- Employee’s contribution amount to EPF
- ECR (Electronic Challan cum Return) Challan copy
- Details of UAN (Universal Account Number), with KYC compliance, of employees