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https://payrolloutsourcing.co.in/all-you-need-to-know-about-epf-employee-provident-fund/

All employers having PF registration are responsible to file returns on a monthly basis.

With the help of TaxWink, you can easily file PF returns online.

Employee Provident Fund (EPF) is a scheme regulated under the purview of the Employees’ Provident Fund Organization (EPFO).

This scheme has been evolved under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.

EPF is a social security scheme that helps employees save a portion of their salary which is returned back to them as a retirement benefit in a lumpsum.

Such a lumpsum amount helps employees to take care of their financial needs post-retirement.

However, according to governing bodies a company can strike off in two different ways.

In both circumstances, the company has to follow some norms without which it is impossible to cancel its registration.

To understand more, you may even approach the financial advisers who are equipped with knowledge regarding striking off companies and about company incorporation Singapore.

There are no extra charges left to be paid.

Additionally, there are no pending regulatory actions that need to be accomplished.

The company does not have any existing assets and liabilities at present and no tendency of appearing in the near future.

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Employment Provident Fund is created with an intention to help private sector employees to save a fraction of their monthly salary.

And this savings will be helpful for the employees in the event of employee’s termination or if the employee is no longer fit to work or after their retirement.

Apart from these, you also need to provide the KYC details including:

For instance, if the monthly salary is Rs 20,000, the contribution from employee towards his or her EPF would be Rs 2,600/month i.e.

To withdraw money from EPF account, employees can now make use of UAN based Form 19.

This facility is available to all those employers whose UAN is activated and verified with KYC details including Aadhar card number, and bank account number.

https://www.justwebworld.com/employment-provident-fund/

The legal framework under which organizations must function with regard to the treatment of their employees can be termed Statutory Compliance in HR.

Maintaining these customary laws and frameworks take a toll on companies.

Statutory Compliance in India comprises of payment of minimum wages to provident fund (PF) or maternity benefits, professional tax (PT), tax deduction at source (TDS), etc.

Companies need to implement Statutory Compliance Management systems to deal with these complex legal frameworks, laws, and regulations.

In today’s fiercely competitive business scenarios it is challenging for companies to manage statutory compliances without good Payroll Management Software.Provident Fund – PFProvident Fund or PF is a compulsory contributory fund for the future of employees.

It works as a corpus fund generated through regular and monthly contributions made by an employee and employer.

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The clinic is well known for giving immediate and primary care services to patients.

They are available at any emergencies.

Urgent and immediate care services in the areas of Avondale, Bucktown, Lakeview, Lincoln Park, Logan Square, and North Park.

In the rare event of a true emergency, our health clinic coordinates with local ambulance and hospitals to get you to the closest emergency room quickly.

They provide services for almost any illness or injury, including sore throats, asthma attacks, ear infections, fractures, burns, lacerations, sprains, and many more.

Provident's Warners Bay Medical Centre offers diagnostic, therapeutic, or preventive outpatient services to men and women.

We are delivering high-quality services including Skin Cancer Checks, Pathology and Radiology.

Employee provident fund- EPF form31

EPF Form 31 also known as ‘advance form’ is an application form that must be filled by an employee who wishes to withdraw funds partially from their EPF account.

Some fields must be filled by the employee and the rest by the employer and the EPF commissioner.

Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service.

The EPF form contains the following fields that must be mandatorily filled by an employee as per rules of the employee provident fund scheme 1952.

Father name/husband’s name (in case of married woman)

Read More https://indianmoney.com/articles/epf-form-31

Computer is an added advantage in every field, it makes you more confident if you have complete practical knowledge along with theoretical.

Many courses are introduced in the field of commerce but the best courses after bcom are Diploma in payroll and Diploma in taxation as both payroll and taxation play a very important role in the field of commerce.

As far as professional courses after 12th commerce are concerned both these courses are in huge demand because payroll basically defines the salary of the employee and taxation defines how much it needs to be given to the government.

A payroll executive has complete knowledge of calculation of salary, provident fund, and income tax.There are so many institutes which help you in doing these courses but the best among all is the institute of professional accountants as it provides all the professional courses after 12th commerce so that students will achieve the best of all in their life.

As per the student's feedback, they focus more on the practical aspects so that student can himself do work in payroll software and can himself file income tax return online.

They help you in doing this by getting you done live projects and data for salary structuring and tax planning.

If you get task chances abroad or you are preparing to transfer to your native location, you will certainly plan to offer your flats under 20lacs or condos to someone.

Provident housing provides the house for sale near Pune, and these kinds of properties will help you to get an excellent rate when you are reselling it to another person.

If you have doubts, you can examine the cost of the flats prior to ten years in the same area with the housing project holder, it will assist you to get a clear photo in a quick time.A flat under 20lacs you purchased for your living is constantly worthwhile.

Bangalore is a tech city, so the demand for the ready to move flats are constantly high, so select your favorite realty firm, and book your flats today.

Even though flats offered in the cities are offered in large numbers, still many individuals fear that they can not sell their homes when not needed.

Especially, when you purchase from the readily available flats under 20lacs.for sale near Pune  with the assistance of genuine estate companies like Provident real estate, your property value doubles or triples over a short period of time.100% value for your cash – Unicon GroupIf you purchase from the apartment for sale in flats under 20lacs with the help of Unicon Group  like Provident housing, then it suggests the home is value for your money.

Income Tax on salary can be saved in many ways.

People and organizations are often imprecise to this part.

People have to keep a self-check on the different ways in which Tax on Income can be saved.

For organizations, invoicing software like Accoxi which manages your company’s tax system can do the job just fine.

Accoxi is also referred to as tax-ready software which has the properties of GST invoicing software that comes with how tax can be managed and returns to be filed.Following are the ways in which individuals and organizations can save Income Tax on the income earned:As per Section 80C, up to Rs.1.5 lakh limit can be applied to FD under 5 years tenure, Provident Fund (PPF) with tax-free rate of interest, ELSS funds, National Saving Certificate (NSC), Life Insurance Premiums, National Pension Systems (NPS), Home loan repayment, tuition fee payment, Employees Provident Fund (EPF), Senior Citizens Saving Scheme (SCSS) and Sukanya Samriddhi Yojana.Contributions made to National Pension Scheme is tax deductible up to Rs.50000 (which can be withdrawn at 60 years of age)Health insurance premium payments offers tax deduction of up to Rs.25000Reduction on payment of rent qualifies you for tax deduction up to Rs.60000 per annumHome loan is tax deductible up to Rs.2 lakh per annumInterest on savings account is tax free up to Rs.10000 per year and for senior citizens the limit rises to Rs.50000Charity donations are tax deductibleAccoxi is the free invoicing software for small business, medium business or large business.

Your organization’s (or as an individual) income graph can make drastic turns on the positive side, if tax planning is done wisely.