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Provident Fund Services

Paterson is a pioneer in the field of managing Provident Fund requirements of small and medium sized firms and is among the few broking houses to offer this value added service. We ensure that our clients to get the right type of securities for their investments so as to maximize the returns from their investments.


Employees’ Provident Fund Scheme


a) Unexempted Provident Fund Scheme
Refers to those establishments to whom the Employees’ Provident Fund & Miscellaneous Provisions Act 1952, is made applicable and compliances in respect of their employees are made with the Regional Provident Fund Commissioner.

b) Exempted Provident Fund Scheme :
Under the Exempted Provident Fund Scheme, the employer can form his own Provident Fund Trust for benefits of his employees. After recognition and exemption this PF Trust becomes a separate legal arrangement. Process followed by the employer:
Execute the Trust Deed
Prepare the Provident Fund Rules
Nominate the trustees amongst its employees for administering and managing the Trust
Formation of Provident Fund Trust
Obtain recognition to the Provident Fund Trust from the Commissioner of the Income Tax
Apply to the office of the Regional Provident Fund Commissioner for granting exemption from the Provisions of the Employees’ Provident Fund & Miscellaneous Provisions Act 1952 and the Schemes framed therein
Pay monthly contributions to the Trustees who are in charge and responsible for day to day management and administration of the trust including that of doing necessary investments as per the pattern laid down in Rule 67 of the Income Tax Rules 1962


Features of the Paterson Provident Fund Services:


Investment done according to the P.F. pattern followed by exempted P.F. Trusts
Investment advisory and execution
Liquidation services as per requirements
Exit Strategy as per requirements


Benefits of Paterson Provident Fund Services:


Cost optimization by outsourcing PF management to us
Easier access with better quotes to investment avenues
Ability to scale up as per company requirements


The PatEdge: Our value proposition


Better quotes
Faster execution
Transparent transaction procedures

SEBI Regn – (CASH) INB231367195, (derivatives) INF231367195, (currency) INE231367195 || BSE: Member ID – 3083 | SEBI Regn – (cash) INB011367134, (derivatives) INF011367134, (WDM) Clearing no.: 3083 || MSE: SEBI Regn – (cash) INB041251431 || MCX-SX: Member ID – 32700 | SEBI Regn – (currency) INE261367192 || CDSL DP: SEBI Regn – IN-DP-CDSL-312-2005 || PMS: SEBI Regn – PM/INP 000005422 || MF: AMFI Regn – ARN 3077 || MCX: Member ID - 31420 | FMC Unique Member Code - MCX/TCM/CORP/1175.

For grievances, mail us at : customer.grievance@paterson.co.in