|
About the
Provident Fund
If the employees has to be inspired to devote himself
wholeheartedly to his/her work, he/she mast be given adequate
remunerations, and secondly there must be provision to save
him/her from distress and destitution in his/her old age and
his/her family from uttering in case of his/her death or
physical disablement.
Keeping in view the social security of the employees and his/her
family in above contingencies, the Employees' Provident Fund and
Miscellaneous Provision Act, 1952 was enacted. Initially the Act
provided for industries employing 50 or more persons.
The Act was amended in 1956 and made applicable to any
establishment or class of establishment as may be specified by
the Central Government.
The Act was amended in 1958 and made applicable to Government
Establishment and Local Authorities
In 1960 the coverage limit of the Act was reduced to 20 or more
persons
In1971 Family Pension Scheme was introduced
In 1976 Deposit Link Insurance scheme was introduced to provide
insurance to member of the Provident Fund without payment of
premium.
In 1988 the rules amended, among other, some important
provisions like recovery of outstanding Provident Fund dues and
other dues from defaulting employers, penal provisions etc. in
order to quicker payment of Provident
Fund dues to employees. In this treatise an attempt has been
made to incorporate as far as possible to maintain as per latest
rules, reducing manual work and ready references in the PF-pack.
The
PF-pack covers the following
Establishment / Company details as per requirement of PF
department
Complete Employees details, nominations as per requirement of PF
department [ in Form 9 & 2 ]
Monthly & yearly summary information of deduction of PF share [
in Form 12A(R), Challan & Summary report ]
New Join / Left Job with details [ in Form 5/10 ]
Monthly deduction statement
Individual & summary report for Employees ledger of monthly
contribution [ in form 3A (R) & 6A (R) ]
Adjustment / Damage / Interest challan of bank
Though this master entry of Rate
item you will be able to enter % of contribution of A/c 1, A/c
10,A/c 2, A/c 21, A/c 22, limit of retirement age and slab of
wages upto which pension is deductiable and employee can
willingly pay contribution above the wages slab of individual
month of the current selected financial year.
select the Rate Chart & press <enter> Rate of contribution
screen will appear with the 12 month of the selected financial
year.
* Place the selection bar for the month you want to change new
enter the % of contribution & press enter newly enter/change
/modify the % of contribution as required.
* at last the save menu will appear and press <enter> to save
the changes or ^W.
* The rate of the proceding month will automatically setted Download Demo
What flexibilities are to store in PF-pack
Monthly Rate of contribution percentage in A/c. 1, 2, 10, 21, 22
and maximum wages slab, retirement age limit, etc.
Employees/Employers status of share, wages slab in A/c. 1& 10.
Monthly challan deposited details with date of deposit amount etc.
Left Job details related to Claim settlement and settlement
amount.
Rate
change facility for any account / slab / age limit / interest.
Enable /
disable facility for contribution / share of individual employee
Voluntary
Contribution (additional PF)
Group
System facility (department wise)
Special
Configuration set up facility
Issue of
contribution card (individual & summary)
Additional
Report Print Options like ... printing specific
range of pages, pause between pages,
printing in different mode like normal/condensed/graphics.
Download Demo
Reports generated from PF-pack
Bank Challan, Form 12A (R) ,
Form 5/10, MOnthly statement, Nomination / form 2, Form 3A(R),
Form 6A (R), Summary of 12A
(R), Form 9 (R), Contribution Card.
Download Demo
PF
-pack Summary
Monthly
calculation of PF from Staff Salary
Auto Generation of Monthly Contribution statement /Form 12-A
® / Form 6 P.S for Exp
Generation and Printing of Bank Challan (quadruplicate)
Auto Generation of Joining / Resignation /Form 5/10 (2/3 for
Exp)
Auto Generation of Form 2 (Nomination of new employee
joining if any)
Yearly Procesing
Auto Generation of Individual Ledger Form 3A (R) , Form 7
P.S. for Exempted Org.
Auto Generation of Summary of Ledger Form 6A (R) , Form 8P.S
for Exempted Org.
Auto Generation of Summary of Monthly Deposit able,
Deposited & their Comparison.
Auto Generation of Contribution Card for Individual Employee
& Summary thereof for all for Exempted Orgn.
Software created in accordance with the provision of
Provident Fund Rules.
................................................................................................................................................................. |
Download Demo
Back to Home
|