Dear Friends,
The government of India had made certain fundamental changes vide a notification dated 1 October 2008 in the Employee Provident Fund Scheme, 1952 and the Employee Pension Scheme, 1995 (collectively referred to as Indian social security schemes). This has significant impact on the expatriates and the employers with whom they work in India .
The Additional Central Provident Fund Commissioner (ACPFC) has issued certain clarifications with respect to these amendments vide his letter dated 7 January 2009 (No. Acturial/7(9) 2008/ 75683) to all Regional Provident Fund Commissioners. Also, the ministry of labour has posted certain FAQs on their website (www.epfindia. com) clarifying the position relating to the International Worker (IW). For ready reference, I attaching the word file.
Regards,
Rapolu HS
From India, Hyderabad
7The government of India had made certain fundamental changes vide a notification dated 1 October 2008 in the Employee Provident Fund Scheme, 1952 and the Employee Pension Scheme, 1995 (collectively referred to as Indian social security schemes). This has significant impact on the expatriates and the employers with whom they work in India .
The Additional Central Provident Fund Commissioner (ACPFC) has issued certain clarifications with respect to these amendments vide his letter dated 7 January 2009 (No. Acturial/7(9) 2008/ 75683) to all Regional Provident Fund Commissioners. Also, the ministry of labour has posted certain FAQs on their website (www.epfindia. com) clarifying the position relating to the International Worker (IW). For ready reference, I attaching the word file.
Regards,
Rapolu HS
From India, Hyderabad
Hi Everybody,
Require some help to clarify certain queries on "PF Deduction on International Worker"
in a year?
3. Will the withdrawal amout get transfer in their abroad account?
4. Does the NSSN form required to be fill?
5. Whether Form 11 can be option for them?
6. How will they get their PF Slips?
7. What will be scnerio in death case of IW?
8. Will the EDLI dedcution be given the same benefit in accidental death case?
Then which form have to get filled?
9. Is their any Loan/Advance facility?
Awaiting for reply.
thanx n regards
Shriya:icon1:
From India
Require some help to clarify certain queries on "PF Deduction on International Worker"
- Whether Pension amount (8.33% ) will be given to IW inspite of withdrawing within 6 months time? As many people hardly come for 3- 4 months time period.
in a year?
3. Will the withdrawal amout get transfer in their abroad account?
4. Does the NSSN form required to be fill?
5. Whether Form 11 can be option for them?
6. How will they get their PF Slips?
7. What will be scnerio in death case of IW?
8. Will the EDLI dedcution be given the same benefit in accidental death case?
Then which form have to get filled?
9. Is their any Loan/Advance facility?
Awaiting for reply.
thanx n regards
Shriya:icon1:
From India
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INTERNATIONAL-W ORKERS-IWs-UNDE R-THE-EMPLOYEES ’-PROVIDENT-FUN D-SCHEME-1952-A ND-THEIR-COMPLI ANCE.pdf
Provident fund.zip
PROVIDENT FUND.rar