Podcast
Questions and Answers
What is the preferred method for maintaining records of EPF contributions, withdrawals, and interest for each employee?
What is the preferred method for maintaining records of EPF contributions, withdrawals, and interest for each employee?
How often should establishments transmit members' account details electronically?
How often should establishments transmit members' account details electronically?
When should the Board of Trustees issue an annual statement of accounts or pass books to employees?
When should the Board of Trustees issue an annual statement of accounts or pass books to employees?
Who should remain in custody of the passbook that is issued to the employee?
Who should remain in custody of the passbook that is issued to the employee?
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What provision should employers make to allow EPF members to view their account balance?
What provision should employers make to allow EPF members to view their account balance?
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What happens if the Board of Trustees and employer fail to file the required EPF returns on time?
What happens if the Board of Trustees and employer fail to file the required EPF returns on time?
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What is the consequence for a company reporting loss for three consecutive financial years?
What is the consequence for a company reporting loss for three consecutive financial years?
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How often should the employer provide facilities for inspection and pay inspection charges for an exempted establishment?
How often should the employer provide facilities for inspection and pay inspection charges for an exempted establishment?
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What happens if there is any violation of the conditions for granting exemption?
What happens if there is any violation of the conditions for granting exemption?
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Who is liable to make good any loss to the trust resulting from fraud, defalcation, or wrong investment decisions?
Who is liable to make good any loss to the trust resulting from fraud, defalcation, or wrong investment decisions?
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When should the auditors not be appointed for two consecutive years?
When should the auditors not be appointed for two consecutive years?
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Where should the information on the balance sheet and report be made available?
Where should the information on the balance sheet and report be made available?
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What is the responsibility of the employer regarding the accumulations in the provident fund account of an employee with a previous employer who is already a member of Employees' Provident Fund?
What is the responsibility of the employer regarding the accumulations in the provident fund account of an employee with a previous employer who is already a member of Employees' Provident Fund?
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When should the employer transfer the contributions payable to the provident fund to the Board of Trustees?
When should the employer transfer the contributions payable to the provident fund to the Board of Trustees?
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In case of any delay in payment of dues towards the Board of Trustees, what is the liability of the employer?
In case of any delay in payment of dues towards the Board of Trustees, what is the liability of the employer?
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Who bears all expenses related to the administration of the Provident Fund?
Who bears all expenses related to the administration of the Provident Fund?
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What should an employer do if there is any deficiency in the interest declared by the Board of Trustees?
What should an employer do if there is any deficiency in the interest declared by the Board of Trustees?
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According to EPF regulations, what should an employer do if an employee eligible to become a Provident Fund member had previously been granted exemption?
According to EPF regulations, what should an employer do if an employee eligible to become a Provident Fund member had previously been granted exemption?
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