Hi Everyone, I have been working as an HR manager at Pvt Ltd for the past 7 years. Since we are an old company and have already crossed 20 plus employees, what risk factors are involved if we implement EPF now? Moreover my employer wants to give EPF to only 20 people whose basic is Rs. 15000, I sincerely request if any one has come across a similar kind of situation and can help me in this regard?
From India, Mumbai
From India, Mumbai
Hi, Greetings of the day.. if you have more than 20 employee in your organisation.. you can fill up a form 11 of epf declaration..
From India, Delhi
From India, Delhi
The moment total employee is 20 or more, the organization will be covered under PF & Misc. Act. This manpower includes contractual employees also engaged by the organization even their PF is maintained by the contractor.
There will be past effect if it is noticed that the manpower was 20 or more from past dates. There is no harm to pay PF for those employees whose PF Gross is up to 15000/- per month. If there is any employee / employees whose UAN is already there from past employer and their PF Gross is more than 15000/- at present- they will also be covered.
S K Bandyopadhyay ( WB, Howrah )
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
337There will be past effect if it is noticed that the manpower was 20 or more from past dates. There is no harm to pay PF for those employees whose PF Gross is up to 15000/- per month. If there is any employee / employees whose UAN is already there from past employer and their PF Gross is more than 15000/- at present- they will also be covered.
S K Bandyopadhyay ( WB, Howrah )
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
From India, New Delhi
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