www.bpopioneers.com > BPO SERVICES > HR Outsourcing > Social Security Services > Provident Fund

 

Employee Provident Fund
Pioneer eServe
provides consultancy and management to exempted PF Trusts and un-exempted establishments covered under EPF and MP Act, 1952. We execute day to day activities of various PF Trusts and prepare their Balance Sheets and Income & Expenditure Accounts. We also maintain their investment register, help in processing of loans, submission of monthly statutory returns and monthly contributions and payments to RPFC . Last but not the least, we provide consultancy on investment related matters of PF Trust Funds as per latest prescribed norms.

There are following types of Provident Fund Trusts. They are,

Unexempted Organization (Managed by RPFC)

Exempted Trust ( Formed under the approval of RPFC and Income Tax commissioner)

Voluntary EPF trust (Formed under the approval of Income Tax commissioner for excluded employees)



In this domain we provide following services:

Obtaining of coverage under PF act and obtaining of PF numbers

Formation of PF Trust

Management of PF Trust including maintenance of member Ledgers, Investment and Trust Accounting

Handling of legal and statutory matters

Liaising with RPFC for day-to-day support for unexempted compliance and filing of statutory returns

Legal and functional support in case of merger/ de-merger/ desolution of trust or change in the status

Government Provident Fund
Other than the EPF, we also have expertise in managing other PF and pension schemes such as GPF. We also provide expertise in management of contribution data, preparation of member ledger records, actuarial valuation for the pension calculations, investment planning and accounting, trust accounting etc.

Here, we are also providing support to industries not covered under EPF act and governed by separate acts such as coal industry, Shipping and Ports, etc.

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