UAN LOGIN is a portal where EPF member can check their PF Amount status; download EPF Passbook after login the UAN portal. As we have already published an article about How to activate UAN Member Portal, if you still haven’t activate your UAN Login portal then click here to activate UAN Login Portal.
Mode of Payment of Contribution (Employees’ and Employer).
This is the responsibility of the employer to pay the both employees’ share of Provident Fund contributions and also the employer’s share of contribution including voluntary contribution. If any, on or before 15th of the month following the month to which the dues relates. However, 5 days grace period is allowed to deposit the dues.
Wherever the wage month is other than the calendar month the dues should be deposited on the preceding working day. The payment should be made in any branch of the State bank of India or its subsidiaries. The payment should be made through the prescribed challans. (The procedure for Payment into the State Bank of India and the format of challan, etc).
The contribution due and paid by the employer for a month should be reflected in the Monthly Consolidated statement of contributions etc. To be furnished in Form 12-A (Revised) before 25th every month.
Contribution of Employee’s and Employer’s
The contribution in respect of each member paid into the Fund is required to be reflected by the employer every month in Form
A (Contribution Card). At the close of each year (i.e 30th April of each year) the employer is required to submit a Consolidated Annual Contribution Satetment in Form A along with Form A (Contribution Card). A reconciliation of remittances should also be made in this form by the employer.
The total contributions in respect of each member for a year. as per Form 3A, and reflected in Form 6A, should tally with the remittances made by the employer though Form 12A.
On receipt of the details of contribution in Form 12A. The same should be entered in the establishment-wise Demand Collection Balance Register by the Dealing Assistant in the Account Branch. The procedure for maintenance of DCB Register is explained in Part I if this Manual.
Diversion of Employer share of Contribution to Pension Fund.
Under the employee’s Pension Scheme.1995 the pension contribution is required to be diverted. from the employer’s share of Provident Fund Contribution restricting to 8.1/3% of pay of each employee. as such the pension contribution diverted from the Provident Fund should be deposited into the Employees’ Pension Fund Account No. 10 separately.
Read more about EPFO here.
If you have still any concern about this article or related to EPF, please let us know via comment just share your concern in the comment box. We will try help you.
Disclaimer – This is not the Official website of EPFO. This website is made for only informational purpose. All the details or article are published on this website as per the EPFO Official website.