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COMPLIANCES UNDER THE ACT

COMPLIANCES UNDER THE ACT :

The establishment must ensure following compliances under the Act. These compliances are not exhaustive but illustrative.

1. The factory/establishment is covered by the provisions of this Act with effect from……..

Or

The factory/establishment is covered under the provisions of this Act by a notification dated ………. given by the government in the official gazette.

2. The establishment has duly paid its contribution to Employees’ Provident Fund, Employees’ Family Pension Scheme, Employees’ Deposit Linked Insurance Scheme set up under the Act during the financial year.

3. The establishment has set up a separate Provident Fund Trust and has complied with the provisions of the Act during the financial year.

4. The establishment has sent a consolidated return within fifteen days of the commencement of the Employees’ Provident Fund Scheme to the commissioner during the financial year.

Or

The establishment has no employees entitled to become members of the Employees’ Provident Fund during the financial year. Therefore, the establishment has duly filed the ‘NIL’ return to the Commissioner.

5. During the year under review, the establishment has duly filed returns with the Commissioner in respect of employees qualifying to become members of the Employees’ Provident Fund and employees leaving the service during the financial year.

6. The establishment has sent a consolidated return within three months of the commencement of the Employees’ Pension Scheme to the commissioner.

Or

The establishment has no employees entitled to become members of the Employees’ Family Pension Fund during the financial year. Therefore the establishment has duly filed the ‘NIL’ return to the Commissioner.

7. The establishment has also duly sent to the commissioner, the consolidated annual contribution statement showing the total amount of recoveries made during the year from the wages of each member and the total amount contributed by the employer in respect of each such member during the financial year.

8. There was no prosecution initiated against or show cause notices received by the Company and no fines or penalties or any other punishment was imposed on the Company during the financial year, for offences under the Act.

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