Employee Provident Fund (EPF)
Ensure Statutory Compliance & Build Employee Trust
The Employees’ Provident Fund (EPF) is a mandatory savings scheme for salaried employees in India, aimed at securing their future. At Tax Wheel Associates, we help businesses stay fully compliant with EPF regulations, while simplifying the registration, contribution, and return filing processes.
What is EPF?
EPF is a retirement benefit scheme under the Employees’ Provident Fund & Miscellaneous Provisions Act, 1952. It is applicable to businesses with 20 or more employees, and optionally to those with fewer workers.
Employer Contribution: 12% of basic salary
Employee Contribution: 12% of basic salary
Contributions are deposited monthly to the EPFO portal
Our EPF Services Include:
EPF Registration
– For businesses newly eligible under the Act
– Obtaining PF code from EPFO and activating the portal
Monthly PF Contributions & Challan Filing
– Preparation and online payment of monthly EPF challans
– Ensuring accuracy in wage limits and deductions
UAN Generation & Employee Onboarding
– Creation of Universal Account Numbers (UAN)
– Linking Aadhaar, bank, and PAN details for employees
ECR Filing (Electronic Challan-cum-Return)
– Timely submission of monthly EPF returns via unified portal
– Compliance tracking to avoid penalties
Annual Returns & KYC Updates
– Filing Form 5A, PF Form 3A, and Form 6A
– Assistance with KYC compliance and transfer claims
Exit/Resignation Support
– Marking exits, handling withdrawals, and transfer of PF balances
