Our company has more than 20 employees, all drawing a monthly salary (Basic & DA) over Rs.10,000. None of them are presently members of PF governed by RPFC. Please let us know whether the company should go for PF registration.
From India
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From India
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yes if u have to 20 or more persons employee in your organisation it is compulsary to register in pf act. khan hr
From India, Nasik
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From India, Nasik
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You have to go through the PF registration process. Form 11 should be filed in the employee's file with their signatures, which shows that employees agree with the non-deduction of PF. Also, Basic should be above 6500 for this condition to apply. PF registration is mandatory.
Regards,
Upasana
From India, Delhi
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41Regards,
Upasana
From India, Delhi
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Dear Mtc,
You have to compulsorily go for PF registration. You can file nil returns monthly, but your establishment should have a PF code. My kind suggestion would be to contribute for PF, at least for the slab basic of 6500, as it is a good savings that happens behind the scenes.
However, it is the understanding between the management and the team. The PF clause is very clear regarding the registration.
From India, New Delhi
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You have to compulsorily go for PF registration. You can file nil returns monthly, but your establishment should have a PF code. My kind suggestion would be to contribute for PF, at least for the slab basic of 6500, as it is a good savings that happens behind the scenes.
However, it is the understanding between the management and the team. The PF clause is very clear regarding the registration.
From India, New Delhi
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Hi there,
If an organization has more than 20 employees, they need to register under PF. If an employee's Basic+DA exceeds 6500, they must provide clarification in Form 11.
As per Section 36(1), if no employee is entitled to become a member of the fund, the employer should submit a NIL return.
Please let me know if you need further clarification or assistance.
Thank you.
From India, Mumbai
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If an organization has more than 20 employees, they need to register under PF. If an employee's Basic+DA exceeds 6500, they must provide clarification in Form 11.
As per Section 36(1), if no employee is entitled to become a member of the fund, the employer should submit a NIL return.
Please let me know if you need further clarification or assistance.
Thank you.
From India, Mumbai
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Thanks Aditya Will you tell me is it voluntry fixing basic of employees.Especially if employees are getting heavy package & forcing to fix their basic 6500/-
From India, Delhi
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From India, Delhi
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Hi,
As per section 2(F) - Excluded means:
1. Fresh members who were not members in the previous company and have not withdrawn their full amounts are considered excluded employees.
2. If they were members in the previous company and have not withdrawn their full amount, then they need to continue with PF contributions.
I hope this helps clarify the information for you. Let me know if you need any further assistance.
From India, Mumbai
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As per section 2(F) - Excluded means:
1. Fresh members who were not members in the previous company and have not withdrawn their full amounts are considered excluded employees.
2. If they were members in the previous company and have not withdrawn their full amount, then they need to continue with PF contributions.
I hope this helps clarify the information for you. Let me know if you need any further assistance.
From India, Mumbai
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Employee Benefits.doc
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