Hi All, I have below queries to claim PF subsidy announced recently from central goverment.
1.Is 90% of employees who are drawing below 15k as their basic is mandatory for companies having their head count below 100.
2.Head count 100 nos including contract & consultants or only employees who are eligible to pay PF?
From India, Cochin
11.Is 90% of employees who are drawing below 15k as their basic is mandatory for companies having their head count below 100.
2.Head count 100 nos including contract & consultants or only employees who are eligible to pay PF?
From India, Cochin
1.Is 90% of employees who are drawing below 15k as their basic is mandatory for companies having their head count below 100. - Yes it is mandatory
2.Head count 100 nos including contract & consultants or only employees who are eligiable to pay PF ?? - Contract & Consultants will not be considered.
From India, Bangalore
2.Head count 100 nos including contract & consultants or only employees who are eligiable to pay PF ?? - Contract & Consultants will not be considered.
From India, Bangalore
Dear Amith, Thank You, it would be appreciable if other members also share the details on the topic. Regards Janaki H C
From India, Cochin
From India, Cochin
EPF system considers the counter with their own ECR filing system and at every month they ask for excluded employees also, where the EPF paid by contractor employees are also mentioned,
so if the system find that 1) gross no of employees is less then 100, 2) more than 90% of employees gross salary is below 15000/- ................... the site pop up a declaration to avail the benefit , and ask the employer to fill the data in portal before filing the ECR
if the employer is not eligible, then it does not display
so if the system find that 1) gross no of employees is less then 100, 2) more than 90% of employees gross salary is below 15000/- ................... the site pop up a declaration to avail the benefit , and ask the employer to fill the data in portal before filing the ECR
if the employer is not eligible, then it does not display
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls