Dear Respected, What do employers do if they want to give a fund like PF to their commission-based agents?
From India, Delhi
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2From India, Delhi
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Dear Colleague,
My personal suggestion for Commission Agents is to improve the commission structure to make it more attractive and align it with the outcomes they deliver. This will help support your business. Please refrain from creating funds or engaging in activities that may lead to long-term financial commitments, as businesses often face fluctuations.
Consider the potential liabilities that could burden you in the future and think carefully before making decisions. It is advisable to seek input from your colleagues before making any significant choices.
From India, Chennai
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My personal suggestion for Commission Agents is to improve the commission structure to make it more attractive and align it with the outcomes they deliver. This will help support your business. Please refrain from creating funds or engaging in activities that may lead to long-term financial commitments, as businesses often face fluctuations.
Consider the potential liabilities that could burden you in the future and think carefully before making decisions. It is advisable to seek input from your colleagues before making any significant choices.
From India, Chennai
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Commission agents are covered as per the EPF Act 1952. There are a series of judgments supporting this view. In case you are employing 20 or more workmen, the Act would be applicable. You may check with the PF Inspector and take action accordingly.
From India, Mumbai
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From India, Mumbai
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Dear Colleague,
Sharing a link containing a case law on Commission Agent subject which may be good for reading:
https://taxguru.in/corporate-law/com...es-pf-act.html
From India, Chennai
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Sharing a link containing a case law on Commission Agent subject which may be good for reading:
https://taxguru.in/corporate-law/com...es-pf-act.html
From India, Chennai
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