Don't miss PF deadlines! Learn about payment & return dates, late fees, & easy online procedures. Secure your retirement future with EPF.
Provident Fund Due Dates: An Overview
The Employees’ Provident Fund (EPF) is a crucial retirement savings scheme in India, where employees and employers contribute a fixed percentage of the employee’s basic salary. Knowing the Provident Fund Due Date is essential for employers and employees to ensure timely contributions and avoid penalties. Let’s see the Provident Fund Due Dates in detail.
PF Payment Procedure Online
- Login to the EPFO portal:
- Visit the EPFO website: https://unifiedportal-emp.epfindia.gov.in/epfo/
- Log in using your Electronic Challan cum Return (ECR) credentials.
- Upload ECR file:
- Select “Payment” from the dropdown menu.
- Choose “ECR Upload”.
- Select the wage month, salary disbursal date, and rate of contribution.
- Upload the ECR file containing employee details and contribution amounts.
- EPFO portal login screen
- Make payment:
- After successful validation, click “Pay”.
- Choose “Online” as the payment mode.
- Select your bank and complete the payment process.
- You’ll receive an electronic payment slip and confirmation.
EPF Payment and EPF Return Deadlines
- PF Payment Due Date: 15th of the following month
- PF Return Filing Due Date (Monthly): 25th of the following month
- Annual PF Return Filing Due Date: 30th April of the following financial year
EPF Late Payment Penalty
- 12% per annum on the outstanding amount for each day of delayed payment
- This applies to both employer and employee contributions
Provident Fund Return Due Dates
- Monthly Return Filing Due Date: 25th of the following month
- Annual Return Filing Due Date: 30th April of the following financial year
Annual PF Return Filing
- Covers contributions made throughout the financial year
- Can be filed online through the EPFO portal
- Requires details of employee and employer contributions, as well as any withdrawals made during the year
Estimate the maturity amount of your provident fund with our PF maturity calculator. Our EPF calculator India provides the latest updates.
Track contributions: Use the EPFO website or mobile app to track PF contributions and account balances.
Update details: Ensure your personal and employment information is up-to-date on the EPFO portal.
Seek clarification: For any queries or concerns, contact the EPFO helpline or visit a nearby EPFO office.
FAQs
What is the due date for PF payment?
The due date for employers to deposit the combined employee and employer contributions to the EPF account is the 15th of the following month. For example, the PF contribution for November should be deposited on or before December 15th.
What is the penalty for late PF payment?
Suppose the PF contributions are not deposited by the due date. In that case, the employer and employee are liable to pay a late payment penalty. The penalty is 12% per annum on the outstanding amount for each day of delay.
What is the minimum period for a provident fund?
There is no minimum period for contributing to the PF. However, you become eligible for certain benefits, like full PF withdrawal, after completing five years of service in an establishment covered under the EPF Act.
Can I withdraw my PF in 6 months?
In most cases, you cannot withdraw your PF entirely within six months. However, exceptions exist under specific circumstances, such as medical emergencies or marriage. You can visit the EPFO website or consult a financial advisor for detailed withdrawal guidelines.
What is the interest rate for PF return?
The current interest rate for EPF contributions is 8.10% per annum. This rate may be revised periodically by the government.
How can I check my PF balance?
You can check your PF balance in several ways:
- EPFO website: Login to the EPFO member portal (https://unifiedportal-mem.epfindia.gov.in/) with your UAN and password.
- Umang App: Download the Umang app on your smartphone and link your UAN for PF balance information.
- SMS: Send an EPFOHO to 9970826488 to receive your balance details.
