Hello Seniors, I am working in a company having 3 offices in different states of India. All the offices are preparing pay separately & hence taken separate EPF registration. In the present scenario, it is not feasible to maintain different registration with EPFO as lot of employees are moving from one location to another.
Request senior's to send the pros & cons for centralized EPF registration and the process for centralized registration.
Also kindly throw some light on, whether centralized registration is a better option or to manage PF internally as done by some big corporates. (our employee strength is approx. 500 at present)
Thanks in anticipation of expert advice.
From India, Delhi
1Request senior's to send the pros & cons for centralized EPF registration and the process for centralized registration.
Also kindly throw some light on, whether centralized registration is a better option or to manage PF internally as done by some big corporates. (our employee strength is approx. 500 at present)
Thanks in anticipation of expert advice.
From India, Delhi
Dear
if your are making compliance under the EPF and MP Act for different states as you have mentioned. Presently the members of the scheme will face problem regarding transfer of their pf accumulations from one place to another. In a short period it will be possible to make compliance at single point when all the functions of the centralized will take place in EPFO. Now settlement of pf accumulations and transfer of fund from one account to other is not centralised, hence the members will face lot of problems presently. Kindly wait for favorable time to come and accordingly you will be able to surrender extra code number and will be able to make compliance at single code.
From India, Mumbai
if your are making compliance under the EPF and MP Act for different states as you have mentioned. Presently the members of the scheme will face problem regarding transfer of their pf accumulations from one place to another. In a short period it will be possible to make compliance at single point when all the functions of the centralized will take place in EPFO. Now settlement of pf accumulations and transfer of fund from one account to other is not centralised, hence the members will face lot of problems presently. Kindly wait for favorable time to come and accordingly you will be able to surrender extra code number and will be able to make compliance at single code.
From India, Mumbai
Sir,
Thanx for the prompt response.
Even i have checked with one consultant & he said that we can surrender all the PF no's of two locations and add them in central location. This activity if done by company (taking transfer forms from all the employees) the funds will be transferred quickly.
Request you to give your expert advice, whether it is possible or what is the option available with us.
From India, Delhi
Thanx for the prompt response.
Even i have checked with one consultant & he said that we can surrender all the PF no's of two locations and add them in central location. This activity if done by company (taking transfer forms from all the employees) the funds will be transferred quickly.
Request you to give your expert advice, whether it is possible or what is the option available with us.
From India, Delhi
Dear Mr Bhatia,
Refer to your query to the above subject, you can centralised PF Regisrtation at one point of your branches situated in different states. In this connection, please submit the details in Form 1 along with your branch employees list for obtaining PF Code Number and also approach to the RPFO of your area concerned for guidence and advise.
Thanks & Regards
P.V.Rama Rao
From India, Chennai
Refer to your query to the above subject, you can centralised PF Regisrtation at one point of your branches situated in different states. In this connection, please submit the details in Form 1 along with your branch employees list for obtaining PF Code Number and also approach to the RPFO of your area concerned for guidence and advise.
Thanks & Regards
P.V.Rama Rao
From India, Chennai
YES it can be centralised and kindly highlight who is the authorised signatory for form 19 and 10C Regards! Andrew Rao
From India, Mumbai
From India, Mumbai
Dear Mr.Rao
Refer to your point to the above topic, who are signed in Form 9 i.e. Base Record for details of employees with Specimen Signatures for Authorised Persons submitted inEPFO OFFICE after allotment of PF Code Number and also the Company has passed a resolution in the Board Meeting nominate a person is the authorised to receive notices and also represent on the part of Management, such person shall be deemed as authorised to sign on Form 19 & 10c.
Thanks & Regards
P.V.Rama Rao.
From India, Chennai
Refer to your point to the above topic, who are signed in Form 9 i.e. Base Record for details of employees with Specimen Signatures for Authorised Persons submitted inEPFO OFFICE after allotment of PF Code Number and also the Company has passed a resolution in the Board Meeting nominate a person is the authorised to receive notices and also represent on the part of Management, such person shall be deemed as authorised to sign on Form 19 & 10c.
Thanks & Regards
P.V.Rama Rao.
From India, Chennai
You can centralize EPF to your HQ .Allot separate a/c no to employees of other units under the code no of HQ.Tranfer the PF accumulations of themto the new no by form 13.Discuss the matter with RPFCs also.
VARGHESE MATHEW
9961266966
From India, Thiruvananthapuram
VARGHESE MATHEW
9961266966
From India, Thiruvananthapuram
hi all, please advice me any one, how to process on ESI & PF centralization registration of our different offices.
From India, Bangalore
From India, Bangalore
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Registration for EPF-Procedures & documents.docx
EPF registration Procedure.pdf