PF Monthly Challan

PF Monthly Challan

We provide every month, monthly challan & PF E C R, as you know, the Employee Provident Fund is a scheme that has been put in place to help employees create some savings throughout the duration of their service years. This scheme requires that employees and also employers contribute a specific sum towards the provident fund. For the employee it is not a matter of concern since the employers are tasked with deducting and depositing said amounts in E P F accounts. But if you are an employer then you will need to know how to understand the receipt that is generated when the payments are made. It may look rather confusing at first glance but it is actually very easy to understand it.

PF Monthly Challan – Services Provided By Provident Funds Consultant


If you have seen the E P F challan, you may have some questions about what those fields actually stand for also how they are to be filled. What follows is an explanation of these fields and the data they represent.

Establishment code no:

The code that assigned to the company to identify it. It is unique to each establishment and also mentioned in the PF number.

Paid by Online transfer:

Obviously as it refers to the mode of payment chosen by the employer.

Dues for the month of:

Here the employer indicate the month or months for which they pays on behalf of the employer and the employee.

Total number of subscribers and total wages due:

This refer to the number of people who actually sign up for the E P F O scheme.

Account-1: Deposits made under A/c 1 refer to payments made towards the provident fund. It also inclusive of both employer and employee contributions.

Account-10: Section where contributions to pension funds mentioned.

Account-21: Part that deals with the Employee Deposit Linked Insurance and also contributions made towards it.

Particulars in the E P F Challan

Particulars table where all the various amounts mentioned in front of the appropriate heading.

Employers share of cont.:

The total amount paid by employer for the specified period.

Employees share of cont.:

The total amount that contributed by the employee towards the E P F for the specified period.

Admin charges:

The administration charges for the provident fund management.

I n s p charges:

Inspection charges are those that levied on contributions made towards the Employee Deposit Linked Insurance scheme.

Penal damages:

Penal damages refer to any penalties that the employer may have to pay as a result of late remittance of E P F contributions.

Misc payments:

This will contain the details of any miscellaneous payments that are being paid by the employer for the contributions for the period specified.

Below the particular segment where the employer fills in details of the total amount that needs to be remitted. Including the name of the establishment and also its address. It also contains the fields for the depositor to sign the challan and the details of the cheque. Also demand draft being used to make the payment.

The last bit of information is on the bottom right hand side of the challan. This information meant for the bank to enter its acknowledgement of the payments.