Compliances under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952
EPF or Employee Provident Fund is an initiative of the government for the proper care of the employees and to ensure their social security. As per the Employees' Provident Funds & Miscellaneous Provisions Act, 1952, EPF Registration is mandatory for each and every hired Employee.
The EPF Registration needs to be done for every single Employee, a Company/ business hires along with the monthly adjustment of the PF in the account. SGC Management Services Pvt. Ltd. provides a complete solution for EPF Online Registration, which provides a great assistance to the business owners to keep their focus on the other jobs of the business rather spending hours for the management of the EPF.
Our Offerings :
With SGC Management Services Pvt. Ltd., you will get a bouquet of services as per your requirement: -
- Online registration of the business along with getting the required code number.
- Filling up and submission of all kind of necessary forms and application
- Maintenance of all the required registers and records along with employee data
- Providing all kind of necessary records and papers to the employers and the employees.
- Informing the business about the latest changes and updates under the Act.
Why Choose Us
Compliance management is a critical aspect of business operations, and SGC Management Services Pvt. Ltd. stands out as a leader in ensuring that companies remain fully compliant with statutory and regulatory requirements. Here's why we are the preferred partner for businesses across industries:
Comprehensive Statutory Compliance Services
Timely preparation and filing of statutory returns, maintenance of compliance-related registers and records, liaisoning with government authorities.
Pan-India Compliance Expertise
We address state-specific labor laws and regulations, ensuring uniform compliance management across PAN India.
Custom Solutions for Every Business
Each business has tailored solutions based on its size, industry, and geographic presence.
Decades of Expertise in Compliance Management
With over 45 years of experience, we possess in-depth knowledge of statutory regulations and labor laws, including PF, ESI, gratuity, minimum wage compliance, and taxation laws.
Highly Skilled Team of Compliance Experts
Our team of compliance are experts in liaising with regulatory bodies ensures smooth resolution of compliance-related issues, audits, or disputes.
Advanced Platform for Compliance Tracking
Our in-house software, PionHR, streamlines compliance tracking and management through alerts and reminders, digital record-keeping and compliance reports.
Risk Mitigation and Audit Support
We also offer robust audit support, ensuring that all statutory records are audit-ready and meet regulatory standards.
Timely Delivery and Accuracy
Our systems and processes are designed to ensure timely submissions and 100% accuracy, providing peace of mind to our clients.
Trusted by Leading Organizations
Our long-standing relationships with leading businesses across industries are a testament to our commitment and reliability.
Compliance under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 read
along with the
Employees' Provident Funds Scheme, 1952
- Online Registration of establishment under EPF & MP Act, 1952 & obtaining Code No
- Nomination & Declaration Forms in Form No. 2 (Revised) of the new employees.
- Form No. 11(Revised).
- Form No. 5A (Return of ownership)
- Statement IW-1 (International Workers)
- Eligibility Register
- Online registration of employer under Employer e-Sewa as per latest notification.
- Online uploading ECR file and generating monthly EPF challan thru EPFO portal
- Uploading of Digital Signature of Authorised person in OCTP portal of EPFO.
- Generation of UAN for new joiner under the Scheme.
- Updation of KYC data of members in EPFO web portal and distribution of UAN
- Assist in approval of online claim transfer and KYC details.
- Assist in PF withdrawal, Advances & Transfer claims of the members.
- To assist in providing Member E-Passbook & Annual PF Account slips.
- To attend Inspection at the time of visit of Enforcement Officer
- To make compliance in respect of any notice issued by EPFO
- Consistently update and inform the employer about amendments or changes to the Act.
Contact us today to explore how SGCMS can transform your employees’ experience. Your success is our commitment.
FAQs
EPF & MP Act Compliance Services Related FAQs
The Employees' Provident Fund (EPF) Act is a social security legislation that requires employers and employees to contribute a portion of their salary to a provident fund, which is intended to provide financial security to employees after retirement. The Miscellaneous Provisions (MP) Act covers various employment-related regulations beyond EPF, such as gratuity and insurance benefits.
Ans.EPF and MP Act compliance ensures that employees receive essential social security benefits, such as retirement funds and other allowances. Non-compliance can result in penalties, legal actions, and financial liabilities for employers, impacting both their reputation and bottom line.
