STATUTORY LIST

OF
PROVIDENT FUND

Presented By:
Abhijit Kumar
(141302)
Prangyashree Mishra (141338)
Monisha
(141254)

STATUTORY LIST
Statement of New Appointments Form-9
Provident Funds Challans
Form-12 A Details of Provident funds deducted and deposited
Statement of Workers Joining the service Form-5
Statement of Workers leaving the service Form-10 c , form19.
Form-3 A , 6 A Card
Nomination Form-2
Provident Fund Inspection Book

Employees Provident Fund (Third Amendment) Scheme, 2008

Background

Government notification amending the existing Employees Provident Fund Scheme, 1952.
The Ministry of Labor and Employment by way of special notification has amended the Employees Provident
Fund Scheme, 1952 and Employees Pension Scheme, 1995.The notification has broadened the ambit of both the
schemes to include specific category of Indian employees working outside India and employees other than Indian
employees, holding other than Indian Passport, working for an establishment in India. The notification was
published in the Official Gazette dated October 1, 2008 and becomes effective from that date.

Salient features of the Provident Fund (Third Amendment) Scheme,

2008 (Amended PF Scheme)
A new category of International Worker has been introduced, which is defined as:
- An Indian employee having worked or going to work in a foreign country with which India has a Social
Security Agreement and being eligible to avail the benefits under a social security programme of that country,
by virtue of the eligibility gained or going to gain, under the said agreement;
- An employee, other than an Indian employee, holding other than an Indian passport and working for an
establishment in India to which the Employees Provident Fund and Miscellaneous Provisions Act, 1952 (PF
Act) applies.

In relation to the International Worker, the term Excluded Employee has been defined to mean an
International Worker who is contributing to a social security programme of his / her country of origin, either
as a citizen or as a resident, with which India has entered into a Social Security Agreement on reciprocity
basis and enjoying the status of detached worker for the period and terms, as specified in such an agreement.
Under the provisions of the Amended PF Scheme, every International Worker employed with an
establishment in India to whom the PF Act applies, would be required to become a member of the Provident
Fund, unless he/she qualifies as an Excluded Employee.
Employers would be required to file a consolidated return with respect to the International Workers within
15 days of the commencement of the Amended PF Scheme, specifying the International Workers entitled to
become members of the fund. Separately, the employer would also be required to file monthly returns with
the Provident Fund Commissioner.

THRESHOLD of the Scheme

The Scheme mandatorily covers only those employees whose monthly wages does not exceeds Rs. 6500/-.
However with respect to International workers, such threshold limits on monthly wages does not apply.ccc

Even if the monthly salary of an international worker exceeds Rs. 6500/-, the international worker would
be covered under the scheme, provided such employee is not deemed as an excluded employee.

This amendment may also entail various countries looking to enter into Social Security Agreements with
India, especially since such an amendment triggers contribution to provident fund for expatriates working
in India, thereby resulting in an increase in the expatriate related costs.

Forms For EPF

Withdrawal
Form 19 for EPF withdrawal.

Else, you can directly download form 19 from the EPFO website.

With the provident fund, you may also like to withdraw the pension amount. However,
you can get scheme certificate instead of pension amount, if your service is for less than
10 years.

If you have served for more than 10 years, you will get pension only, that also over the
age of 50. To withdraw the pension amount you have to fill the FORM 10c.

Documents
Needed

PF account number
Date of joining
Date of leaving
Bank Account number (it should be the same which was registered by your employer)
IFSC code
Also, you have to give a copy of blank cheque for account number assurance. There may
be error in writing the account number.

Procedure For
Applying
Visit to the human resource department of the employer with a copy of the blank cheque is enough.
The HR department will give you the form 19 and 10 C. You can have it beforehand.
Even you can ask information about your joining and leaving date from the HR.
Submit both the forms with HR.
HR will attest the form and send it to the regional PF office.
The regional PF office takes about one month to process your application.
EPFO deposits PF amount directly to the employees account.
You can track your application status through EPFO link. You can also know the PF balance in your
account.

Benefits Of Online EPF Transfer And

Withdrawal