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Is the withdrawal from the provident fund is the responsibility of an employer?
No
Is there necessary to sign of previous employer to get provident fund?
Yes. The Employers signature/attestation is required to get the provident fund
What journal entry for provident fund?
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.
How do you find out my Provident Fund Numbers?
You can contact your employer. They would have it.
Is employee provident fund liability of employer?
Yes, It is a legal obligation of the employer.
What can you do if the employer is not giving provident fund number?
Contact your regional pf office
Can any employer discontinue paying his contribution to the provident fund?
No. It is a crime and he can be arrested for it
How do you maintain our Employee Provident Fund record?
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
If the provident fund administrator returns contributions does the employer then refund both the employee and employer contributions to the employee?
Yes.
What is the percentage of employer's contribution to provident fund on employee's basic?
It is 12% of your Basic Salary
Is it necessary to work for ten years under same employer to have provident fund pen sion?
Yes.
How do you get provident fund statement annually?
Ask your employer or register online in EPF India website and download it
