Filing the PF returns includes a lot of forms. Any employer who wants to file PF returns for the employees must file these forms.
1) Form 2:
Form 2 is a mandatory form filed for declaration and nomination under the schemes of Employee provident fund and employee family pension. An employee should file this form while joining an entity. The submission of Form 2 is made along with form 5. Form 2 comes two distinct parts, part A and B.
Part A of Form 2 includes the nomination of the recipients of EPF balance. It includes the EPF balance of a particular account holder. If the account holder dies, the form would include the following details of the nominee.
3) Relationship of the applicant
5) Total amount payable to the nominee
6) Details of the guardian.
Filing this form includes the thumb impressions of the nominee at the end of the section.
Part B includes the details of nominee. It includes the details of family members eligible to receive the provident fund. Thus the details of the children and widow must be furnished in Part B.
2) Form 5:
Form 5 is basically a monthly report that contains all the details of the newly enrolled employees. The employer must enroll the names of all the new employees into the Provident Fund scheme. Form 5 includes the following details.
1) Name of the organization
2) Address of the entity
3) Code number of the entity
4) Account number of the employer
5) Employee name
6) Name of the husband/father of the employee
7) Date of birth
8) Date of joining of the employee.
9) Track record of the work
Important Note: The employer must stamp form 5 with the date of joining
Form 10 is also a monthly report that includes the details of the employee came to be a part of the scheme. Form 10 comprises the following details like:
1) Account Number of the employer
2) Name of the employee
3) Name of the father/husband
4) Last date of the service
5) Reason for leaving the service
Important Note: The employer must stamp form 10 with a date while filing.
3) Form 12A
Form 12A is a statement that includes the details of payments. These details are usually the payments contributed to the PF account of the employee during a month.