What is form No 5A in provident fund?

What is form No 5A in provident fund?

Employee form 5 A is an internal document of the establishment /companies registered under the employee provident fund scheme. It is a monthly report on new employees joined the establishment, the entire employee should join the EPFO scheme and form 5A keeps a track record of new employees and their PF details.

How do I fill out form 5A?

The employer must provide the following details while filling up Form 5:

  1. Name and address of the establishment/factory.
  2. Code number of the factory/establishment.
  3. Employee details table.
  4. Employer’s signature or any other authorised officer of the factory/establishment.
  5. Stamp of the factory/establishment.

What is PF category?

Employees’ provident fund is classified into 4 categories: Statutory Provident Fund, Recognized Provident Fund, Unrecognized Provident Fund and Public Provident Fund. Let us have a brief look on the types of funds and tax imposed on these funds.

What is the criteria for PF?

EPF eligibility criteria If you are a salaried employee with a Basic + Dearness Allowance less than Rs. 15,000 per month, it is mandatory for you to be opened an EPF account by your employer.

What do you need to know about EPF form 5A?

EPF Form 5 A. Employee form 5 A is an internal document of the establishment /companies registered under the employee provident fund scheme. It is a monthly report on new employees joined the establishment, the entire employee should join the EPFO scheme and form 5A keeps a track record of new employees and their PF details.

What are the service descriptors for form 5A?

The descriptors are broadly written to acknowledge the variety of staff and provider types that may deliver any one service and to ensure individual health centers understand where and how to appropriately record the services they provide within the Health Center Program scope of project on Form 5A.

Where can I find Provident Fund form 5A?

FORM NO-5-A (REVISED) (For unexempted Establishments only) The Employees’ provident Fund Scheme, 1952 (Para 36-A) The Employees’ Family Pension Scheme, 1971 (Para 16) The Employees’ Deposit Linked Insurance Scheme, 1976 (Para-1) The Employees’ Pension Scheme, 1995 RETURN OF OWNERSHIP TO BE SENT TO THE REGIONAL COMMISSIONER 1.

Why is form 5A important for new employees?

Very important form for new employees who haven’t had any experience regarding the employee provident scheme. It is by this form employees know their benefits of provisions present under the EPF scheme, and also form 5A helps in keeping track of information of provident fund his//her employees.

About the Author

You may also like these