Provident Fund (PF) Returns

Starting from ₹1,000 + GST

Request a call back

India Flag +91
Get updates on WhatsApp WhatsApp

Real Stories from Real People

Hear how teams across industries use patron to save time, cut costs, & stay in control.

Sunny Ashpal
Sunny Ashpal

Director - Demandify Media

Anjanay Srivastava
Anjanay Srivastava

Founder and Managing Director - Hunarsource Consulting

I’ve had an outstanding experience working with my CA-patron Accounting . Their professionalism, attention to detail, and timely communication made th...

I'm glad that I was able to connect with Patron. They took the minimum time to do the calculations based on the details provided by me and were really...

Really a fantastic experience with Patron accounting especially Shubham, he was extremely great. Knowledgeable person who deserves the 5 star for smoo...

Patron Accounting gives the best service related to all account handling of our firm. I am blessed and extremely happy that Patron Accounting assigned...

I have called Patron to file ITR for my 5 family members. I worked with Shubham Junjunwala and Amin Jain. It was a smooth process. They understand bas...

From the very beginning, their approach has been highly professional, prompt, and solution-oriented. Every interaction reflected their deep knowledge,...

Very proficient and professional staff. Do fantastic job and instant response. Strongly recommended engaging them for all accounting needs specially f...

I contacted them to file the ITR. Shubham was the POC for me and he was really very professional and giving prompt responses. Recommend to give them a...

Provident Fund (PF) Returns

The Provident Fund (PF) is a savings scheme designed to secure the financial future of employees. By contributing regularly, individuals can ensure financial stability during retirement or in case of emergencies.

Filing PF returns is mandatory under the Employee Provident Fund (EPF) scheme, and it ensures accurate records of employee contributions. Filing returns on time is crucial to guarantee that employees receive their entitled benefits when they retire or leave the organization.

Benefits of Filing (PF) Provident Fund Returns

Tax Savings Under Section 80C

Contributions made to Provident Funds are eligible for a tax deduction under Section 80C of the Income Tax Act, up to ₹1.5 Lakhs. This reduces the employee’s taxable income, offering significant tax savings.

Employer Contribution & EPS Benefits

Employers must contribute 12% of the employee’s basic salary to the PF. Of this, 8.33% goes to the Employees’ Pension Scheme (EPS), effectively doubling the employee’s retirement savings.

Loan Benefits Against PF

Filing PF returns allows employees to avail themselves of loans against their PF balance under specific conditions, such as medical emergencies or home purchases.

Post-Retirement Pension Support

A portion of the employee’s contribution is directed toward the Employees Pension Scheme (EPS), which provides financial benefits after retirement and ensures a stable post-retirement income.

Retirement Financial Security

Filing PF returns consistently is essential for long-term investment and retirement planning. The PF balance accumulated over an employee’s working life ensures financial security during retirement.

Process of filing (PF) Provident Fund Returns

Register on EPFO Portal

Employers must register on the EPFO (Employees’ Provident Fund Organisation) Portal. They will receive a Universal Account Number (UAN) and a unique Employer Identification Number (EIN).

Collect Employee Contribution Details

Employers need the UAN, salary, and contribution details for each employee to proceed with PF return filing.

Generate PF Return Challan

Using the EPFO Portal, employers generate the PF return challan, which provides detailed information about employee contributions.

Upload Details on EPFO Portal

Employers must log in to the EPFO portal and upload the necessary details. Ensuring data accuracy is critical to avoid penalties.

Submit & Pay Challan

Once the return is submitted, employers must make the payment using the generated challan. Timely payment avoids penalties and ensures compliance.

Documents required for (PF) Provident Fund Returns

  • Checklist Icon

    Employer registration document

  • Checklist Icon

    Employee details (UAN, Aadhaar, PAN, bank details)

  • Checklist Icon

    Monthly salary statemen

  • Checklist Icon

    PF Returns Challan

Your one-stop partner for Business Registration

AccountingTaxAuditCompliance

Frequently Asked Questions

Have a look at the answers to the most asked questions.

FAQ Illustration

Employers can update employee details like name, date of birth, and Aadhaar number through the EPFO portal by submitting the correction request. Employees can also request corrections through the UAN portal, and the employer must approve these changes.

Yes, employees can transfer their PF balance to a new employer’s account when they switch jobs. This can be done by submitting a PF transfer request through the EPFO UAN portal. The new employer must approve the transfer.

Yes, even if no contributions are made in a particular month, the employer must still file a nil return to comply with EPFO regulations and avoid penalties for non-filing.

Failure to file PF returns on time may result in penalties, including interest on late contributions and fines ranging from ₹5,000 to ₹10,000. Continuous non-compliance can also lead to legal action and severe penalties.

Mistakes in filed PF returns can be corrected by submitting a revised return through the EPFO portal. Employers must ensure that the corrections are made promptly to avoid penalties or discrepancies in the employee’s PF account.
Back to Top