A Provident fund is an investment fund that is used by employees & employers to consider long-term savings after an employee’s retirement. This scheme is applied in an organization where 20 or more employees are working. Under the provident fund, employees and employers need to contribute 12% of their basic salary under this scheme.
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Under PF, whenever there is annual withdrawal is needed, the employee has to file Form 3A and Form 6A. PF benefactions can only be withdrawn by the hand at the time of his/ her withdrawal, barring many exceptions. The amount deducted from the employee’s basic salary a 2%- 15%.
The PF returns must be filed by the 30th of April at a given time. At that time both forms must be filled out:
It is an annual contribution card and it depicts month-wise contributions, made by employees and employers for EPF. It is done towards EPF and pension funds in a particular year.
Details needed:
Form 6A is an annual contribution statement that has details about each member of PF contribution.
Details Needed:
Other than these details, these fields are added in columns,
What Is Form 16? – Definition, Importance, Eligibility, Download, and More
Form 6A is an annual report which gives a summary of Form 3A per employee. This PF form gives the total deductions done for each hand in a given PF Year.
You can download the Form16 template from UBS HR Toolkit.
Note: This letter will be useful to you! You can edit it, as your needs and requirements.
While the employer is entrusted with the responsibility of filing returns for PF the Employee Provident Fund Organization (EPFO) is regulated to shoot the annual statement of accounts to each subscriber through his/ her employer.
PF Form 6A PDF is the detailed Annual Statement of donation towards the different PF Accounts for the given currency period.
Name | Description |
Serial No. | Displays The Serial Numbers |
Name Of Member In Block Letters | Displays The Name Of Employees In Employee Master |
Account Number | Displays Pf Account Numbers Of Every Employee Entered In Employee Master |
Wages, DA, Retaining Allowances In Cash Value Of Food Concession Paid During The Currency Period | Displays Salaries Paid To The Employees In Given Year Against The Employee |
EPF, Employer’s Contribution- Difference Between 8.33% & 12% | Displays The Employer’s Contribution Towards EPF |
Refund Of Advance | Refund Of Pf Advance Taken, Needs To Be Added Manually |
Employer’s Contribution PF- 8.33% | Displays The Employer’s Contribution Under EPS Account For Each Employee |
Rate Of Higher Voluntary Contribution | Displays The Amount Contributed By Employee Towards VPF |
Remarks | If Any Needs To Be Entered Manually- Remarks |
What Is Form 1? – Definition And Easy Guide To Form 1 Filling
Stay compliant is not easy now day. But If you want to stay compliant you need to understand the need for every form under the government act. Just like Form 6A, you need to understand the purpose of forms.
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