As per the provisions of the PF Rules, if the permanent strength (salary being paid regularly) of employees is more than 20, the organization needs to provide PF facility. To apply for the same, please approach the local EPF office, collect relevant forms and submit the filled-in application. It is not very cumbersome, and records that are needed are ~ P&L account, salary register(s), attendance register(s), extract of bank accounts, memorandum of association etc. There are many consultants, who can get this done for you by collecting a fee. The EPF organization may choose to visit your premises and demand to inspect all old records, so be ready for the same. Though you can restructure the CTC to accommodate the PF recovery, initially there will be a drop in take home pay of employees, which will become a reason for resistance from them.
All the best!
From India, Bangalore
15All the best!
From India, Bangalore
The P.F Act is applicable to a factory specified in Schedule I appended to the Act employing twenty or more employees who need not be only permanent but includes contract labour also. so first ascetain whther your establishment is a factory covered under Schedule I. An establishment other than a factory can be covered by a notification issued by Central Government.This needs to be confirmed fisrst by you, provided it employs twenty or more employees..
B.Saikumar
HR & Labour Law consultant
Chipinbiz Consultancy. Pvt.Ltd
Mumbai
Tel: 09930532927
From India, Mumbai
B.Saikumar
HR & Labour Law consultant
Chipinbiz Consultancy. Pvt.Ltd
Mumbai
Tel: 09930532927
From India, Mumbai
Dear Sir,
You have to apply for the Co. through concerned P.F.Enforcement Officer of your area.
Normally he will be stationed at Dist.Head Quarter. He will give application for coverage
of P.F. and guide in this regard.
D.Gurumurthy
LL.HR & IR Consultant
From India, Hyderabad
You have to apply for the Co. through concerned P.F.Enforcement Officer of your area.
Normally he will be stationed at Dist.Head Quarter. He will give application for coverage
of P.F. and guide in this regard.
D.Gurumurthy
LL.HR & IR Consultant
From India, Hyderabad
Dear Sir,
We are a factory establishment. We have our HQ in Mumbai. All our employees are covered under EPF in one code. We engage contract workmen in the various units. We have noticed that contractors fail to remit PF regularly, hence we are to obtain a separate code for contract workmen for each location.
Could you guide with the precedure for obtaining a subcode for contract workmen
SONIA
From India, Mumbai
We are a factory establishment. We have our HQ in Mumbai. All our employees are covered under EPF in one code. We engage contract workmen in the various units. We have noticed that contractors fail to remit PF regularly, hence we are to obtain a separate code for contract workmen for each location.
Could you guide with the precedure for obtaining a subcode for contract workmen
SONIA
From India, Mumbai
I am a labour law consultant in bangalore handling PF, ESI, labour department & PT issues.if any help required, please contact me. Adithiyaa 9845118541
From India, Bangalore
From India, Bangalore
either you can obtain a sub code number to the contractors or you can cut the E.P.F. contribution from the bill of the contractor and make sure that it is paid(legally permitted under the Act). In either case the principal liability to clear the E.P.F. arrears lies on you company. Another option is that if the contractor is having 20 or more employees he can be directed to procure an independent E.P.F. Code No. so that liability will be on his shoulders.
thanks
From India, Palakkad
thanks
From India, Palakkad
Sirji pf applicable on delivary charges,which is account head in p&l of balance sheet
From India, Mumbai
From India, Mumbai
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