hai all, iam Haritha working in aconstruction company. We have employees of more than 20 in our company. now my copany want to go for PF. so please tell me what will be the procedure for our company to get registration in PF. kindly tell me the procedure. Waiting for your replies. with regards. -haritha
From India, Delhi
1From India, Delhi
Dear Firend, PF Registration You to need prepare the following documents to obtain PF code from the respective P F authority ; Form 2 Proof of Date of inception Lease/ Rental Agreement Total No of employee strength (20) First Invoice raised to client Certificate of Incorporation with Registrar of Companies Copy of Attendance Copy of Paysheet Higher official details like Proof of address – Passport/RationCard/Bank Passbook Demand Draft – for the total amount PF deducted from the salary You may touch base with me any further details. Best Regards V Sathyanarayanan
From India, Madras
From India, Madras
Dear Haritha, We would help you to get your company registered to the above said Act. Please mail me your e-mail id so that we could forward you the list of wanting documents,\
From India, New Delhi
From India, New Delhi
Dear Friends, Can anyone tell me if tax is exempted on Penison Fund also, which is a query from Satish.......... Regards Amith R.
From India, Bangalore
From India, Bangalore
I didn't get an answer to my query from many portals where I had posted my question. Also, some of the people who prepare and file IT returns for salaried people (some even claiming to file 1000 returns every year) couldn't answer the question - whether withdrawal of pension fund (with EPF) is liable for taxation. So, I did some self study and found that - 1) If EPF is withdrawn after 60 months on continuously maintaining the PF account then no tax is applicable on it. 2) Along with EPF, the pension fund amount is also credited by RPFO. That amount is liable for taxation. The worst thing is that the PF department doesn't send any note on how it has refunded the EPF and Pension Fund amount (what was due and what was paid, there is no communication). Even worse is the fact that they are not sending statements to many organizations for the last 2 years. If one wants, he/she can hide the EPF and Pension fund withdrawals (as the RPFO guy suggested to me - "why declare it as an income"), but I am sure honest tax payers will want to pay every single paisa that they owe. If anyone has found any specific reference, please post it here. It will be useful for many people. Thanks - Satish
From India, Bangalore
From India, Bangalore
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Procedure-of-Re gistration-of-N ew-Pvt-Ltd-Comp any[1].pdf
Company Profile.ppt