Yes, It is a legal obligation of the employer.
Yes.
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
The Employee Provident Fund record is maintained by the EPF Organization and a copy of the latest statement will be provided to both the employee and employer as requested
Yes.
It is 12% of your Basic Salary
If the worker is on the company's payrolls - Yes
The Provident Fund Commissioner requires the use of special forms to show cause in the notice to employer for employee Provident Fund claiming. The form is available at the PFC office.
For the employee - it will be added to his/her net income For the employer - it will be subtracted from their net income
No. After an employee resigns, the money has to be either paid out to the employee or transferred to his new employer - as per the request of the employee
No
No
Yes. The Employers signature/attestation is required to get the provident fund
You can contact your employer. They would have it.