FORMATION & MANAGEMENT OF PF/GRATUITY TRUST FUND

From being a Leading Compliance Management Service Provider  of the industry and the  success which has been achieved on the foundation of a deep understanding of clients’ needs and seamlessly harmonizing it with regulatory and legislative requirements. Acknowledging the consistency and integrity of services offered, to clients across the country, DCSPL witnessed a robust growth that propelled it to enhance its different business verticals  and Management of PF & Gratuity Trust Funds is one of such verticals.

Key Facts

  • We have been managing the Provident Fund Trusts for various companies across diverse sectors since last two decades;
  • Presently managing over 5,000 members’ accounts and accumulated corpus of INR 350 Crores;
  • We offer End to End Outsourcing Solution for Management of Gratuity;

HOW WE CAN HELP

Compliance is important for at least Six reasons.

  • 24*7 access to PF Account.
  • Web Log in to View their PF Balance, Status of Loan Processing or other activities, Regular mobile update on their PF Balances.
  • Online application facility for loans/withdrawals.
  • Dedicated Help-desk for Non-routine queries.
  • Mobile App for smartphone users.

Services Offered

Employee Data Management

  • Maintenance of individual employee master data & nominations.
  • Processing of advances against PF.
  • Recovery management of loans.
  • Processing of claims.
  • Speedy Withdrawal / Transfer of PF.
  • Facilitating UAN Generation/Linking/Seeding with notified KYCs.

Accounting & Audit Services

  • Maintenance of Books of Accounts.
  • Preparation of Financial Statements.
  • Attending Audits of the Trust.
  • Coordinating in Inspections/Assessments being undertaken by the EPFO during Observance Month every year.
  • Filing of Income Tax Returns of the Trust.

Secreterial & Other Services

  • Conducting Trustee Meetings.
  • Preparation of Agenda and other papers for Trustee Meetings.
  • Maintenance of Minutes of Trustee Meetings.
  • Attending PF Inspection/Compliance Audit.
  • Filing of periodical Returns to RPFC & correspondence with PF Authorities.
  • Latest updates on Legislative Amendments.
  • Conducting awareness session for Employees & HR Team.

Investment Advisory

Pension Services (EPS)

  • Maintaining the employee data.
  • Filling periodical returns.
  • Pension claim documentation.
  • Filling pension claims with RPFC.
  • Follow up for pending cases.
  • International Workmen (IW) Returns and Certificate of Coverage (COC).
  • Managing EPFO  portal on behalf of the Employer