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Fund recognition under Part A Fourth Schedule: application requirements and compliance for employer-sponsored funds, including trustees' verification. Application for recognition under Part A of the Fourth Schedule requires the fund's name and PAN, creation date, employer identity and business location, employee and subscriber counts, trustees' names and number, statement on whether the trust is irrevocable, employee and employer contribution percentages, EPF coverage or exemption particulars and proof, prior recognition details if any, and for existing funds the preceding year's corpus, prescribed investment pattern and balance-sheet; it also requests approved superannuation or gratuity approval details and concludes with trustees' verification.
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Fund recognition under Part A Fourth Schedule: application requirements and compliance for employer-sponsored funds, including trustees' verification.
Application for recognition under Part A of the Fourth Schedule requires the fund's name and PAN, creation date, employer identity and business location, employee and subscriber counts, trustees' names and number, statement on whether the trust is irrevocable, employee and employer contribution percentages, EPF coverage or exemption particulars and proof, prior recognition details if any, and for existing funds the preceding year's corpus, prescribed investment pattern and balance-sheet; it also requests approved superannuation or gratuity approval details and concludes with trustees' verification.
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