Hi All,
Please clearify on below query--
About employee provident fund related laws and regulations? What is the official procedure to implement them in a company?
Regards
Amit
From India, Delhi
1Please clearify on below query--
About employee provident fund related laws and regulations? What is the official procedure to implement them in a company?
Regards
Amit
From India, Delhi
Dear Amit,
Refer to your query regarding implementation PF to your employees the following steps has to be taken.
1.If your establishment having 20 or more employees working on any day of the preceding twelve months and also notify in schedule category of employment, you will cover the employees under the provisions of EPF MISC.Provisions Act - 1952 Rules.
2. The employer shall submit the Form -1 (Registration Form) along with relevant documents such as copies of Certificate of Incorporation under companies Act, Factory License, First copy of Sales invoice, CST,PAN, TIN,Memorandum of Articles of Association, List of Directors, List of Branch Offices, Depots if your organization having any to the concerned Office for obtaining code number towards coverage.
3. The employer has also submit his particulars along with Form -1.
4. When ever your organization obtain PF Code Number, you will comply the same accordingly under the provisions of PF Act -1952 Rules.
Regards
V R RAO PULIPAKA
From India, Bangalore
Refer to your query regarding implementation PF to your employees the following steps has to be taken.
1.If your establishment having 20 or more employees working on any day of the preceding twelve months and also notify in schedule category of employment, you will cover the employees under the provisions of EPF MISC.Provisions Act - 1952 Rules.
2. The employer shall submit the Form -1 (Registration Form) along with relevant documents such as copies of Certificate of Incorporation under companies Act, Factory License, First copy of Sales invoice, CST,PAN, TIN,Memorandum of Articles of Association, List of Directors, List of Branch Offices, Depots if your organization having any to the concerned Office for obtaining code number towards coverage.
3. The employer has also submit his particulars along with Form -1.
4. When ever your organization obtain PF Code Number, you will comply the same accordingly under the provisions of PF Act -1952 Rules.
Regards
V R RAO PULIPAKA
From India, Bangalore
Dear Mr Mishra
You have to apply to the regional PF commissioner for obtaining a code no. Thereafter you have to deduct 12% of basic and DA from the employees salary and contribute equal amount and deposit in the account of the employee each month. The PF authorities issue PF slips and you are also required to file the return of contributions paid by you to the PF office.
From India, Pune
You have to apply to the regional PF commissioner for obtaining a code no. Thereafter you have to deduct 12% of basic and DA from the employees salary and contribute equal amount and deposit in the account of the employee each month. The PF authorities issue PF slips and you are also required to file the return of contributions paid by you to the PF office.
From India, Pune
DEar All
This is murali. I have a small doubt on PF contributions.
We have an employee, and have been paying PF to him. By November 2011, he crossed the age 58 Years. PF ACt shows beyond 58 years, no need to contribute PF. But in his case, whether we have to continue by keeping pension (i.e.)8.33% showing in EPF or we can take out his name permenantly from PF.
Request u pl.clarify me immediately.
From India, Hyderabad
This is murali. I have a small doubt on PF contributions.
We have an employee, and have been paying PF to him. By November 2011, he crossed the age 58 Years. PF ACt shows beyond 58 years, no need to contribute PF. But in his case, whether we have to continue by keeping pension (i.e.)8.33% showing in EPF or we can take out his name permenantly from PF.
Request u pl.clarify me immediately.
From India, Hyderabad
Dear Dr. Chandok
My query is specifically to you, on the status of applicability of PF on the employees of an agency which is providing transport facility to employee of an organisation which is covered by PF Act. Please clarify.
Best Regards
Ravinder Singh
09811144445
From Singapore, Singapore
My query is specifically to you, on the status of applicability of PF on the employees of an agency which is providing transport facility to employee of an organisation which is covered by PF Act. Please clarify.
Best Regards
Ravinder Singh
09811144445
From Singapore, Singapore
Dear Mr.Murali,
Refer to your query on PF , you can continue a member in PF, who has attained 58 years of age i.e.retirement or superannuation, but he is not eligible to claim Pension under EPS/FPS -95 Scheme under the provisions of EPF Act -1952 Rules. You can delete the column 8.33% in Form 3A (Annual Return) and substitute employer contribution and employer contribution only in the return.
Regards
V R RAO PULIPAKA
From India, Bangalore
Refer to your query on PF , you can continue a member in PF, who has attained 58 years of age i.e.retirement or superannuation, but he is not eligible to claim Pension under EPS/FPS -95 Scheme under the provisions of EPF Act -1952 Rules. You can delete the column 8.33% in Form 3A (Annual Return) and substitute employer contribution and employer contribution only in the return.
Regards
V R RAO PULIPAKA
From India, Bangalore
Dear Mehlawat ji,I think u are enquring about compliance in r/o contractor employees.The agency supplying transport facility to to employees of a covered estt. Is also supposed to report compliance in respect of it's own employees through principal employer,if not covered independently. Otherwise , principal employer will be held responsible for compliance in respect of contractor employees.However, there are exceptions to it in case of contractors of Educational estt. As per certain decisions of few courts but ultimately compliance is required in r/o contractor ees.
Chandok
From India, Chandigarh
Chandok
From India, Chandigarh
Dear Dr. Chandok,
I really appreciate your opinion. I would be obliged if you could also opine about the following connected queries:
1. If the transporter (Contractor agency) is providing only pick and drop facility to employees of a covered est. and during the day the same tranport agency work for other similar establishments, in this case also the principal est is suppose to cover the employees of transport agency!!
2. If yes, than the employees of such transport agency will get coverage from more than one establishment for the same day. How to handle this!!
Please opine.
BR/Ravinder Singh/ 9811144445
From Singapore, Singapore
I really appreciate your opinion. I would be obliged if you could also opine about the following connected queries:
1. If the transporter (Contractor agency) is providing only pick and drop facility to employees of a covered est. and during the day the same tranport agency work for other similar establishments, in this case also the principal est is suppose to cover the employees of transport agency!!
2. If yes, than the employees of such transport agency will get coverage from more than one establishment for the same day. How to handle this!!
Please opine.
BR/Ravinder Singh/ 9811144445
From Singapore, Singapore
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Employees' PF Appellate Tribunal Procedure Rules 1997.pdf
Procedure of PF.xls