Dear All, Is it possible to use a common PF code for two different agencies having same proprietor. Regards, Jaspal
From India, Mumbai
13From India, Mumbai
Yes Jaspal It can be. You have to prepare the consolidated Form 5 Form 10 and Consolidated Voucher for remitting the same.
From India, Kumbakonam
From India, Kumbakonam
Dear Bhaskar is it possible if agencies in different name? if yes..Please brief this some more....
From India, Tiruchchirappalli
From India, Tiruchchirappalli
Dear Jaspal,
It is not possible since they have different agencies where right from Registration process /no /TIN / SALES TAX / SERVICE TAX is different and also when IT returns is filed the salary heads distributed will be shown separately for each agencies.
From India, Mumbai
It is not possible since they have different agencies where right from Registration process /no /TIN / SALES TAX / SERVICE TAX is different and also when IT returns is filed the salary heads distributed will be shown separately for each agencies.
From India, Mumbai
RE: P.F.Code sir, If agencies are different (though two agencies belong to same person) , they have to obtain coverage of P.F. separately. D.Gurumurthy LL.HR & IR consultant
From India, Hyderabad
From India, Hyderabad
For Group of companies it can be same eventhough they are having branches in all over the country. But if the same is registered in different names, then you have to take different PF Code, ESI Code, Sales Tax, Service Tax and others also separately.
From India, Kumbakonam
From India, Kumbakonam
Dear Bhaskar,
Even it is group company also we have to take seperate code for PF and ESI for respective company. Also if the same company have branches all over the country they have to take separate sub code for the respective state.
For eg. Reliance is a group company have the same properitor or CEO. but all the units under it has different ESI / PF code and sub-code for respective state.
From India, Mumbai
Even it is group company also we have to take seperate code for PF and ESI for respective company. Also if the same company have branches all over the country they have to take separate sub code for the respective state.
For eg. Reliance is a group company have the same properitor or CEO. but all the units under it has different ESI / PF code and sub-code for respective state.
From India, Mumbai
Dear,
If these are two diff. entities, having diff. names, pay roll, regn. P & L a/c.IT Returns etc., even if under the same owner, it is better to have diff. PF Employer code for obvious reasons.
kumar.s.
From India, Bangalore
If these are two diff. entities, having diff. names, pay roll, regn. P & L a/c.IT Returns etc., even if under the same owner, it is better to have diff. PF Employer code for obvious reasons.
kumar.s.
From India, Bangalore
One can have same code no. for two estts if situated in the same region or even if situated in different regions but if compliance is made at one place.
It is always advisable to have different code numbers for the benefits of employees for the sake of Pensionary benefits etc.
CHANDOK AK
RPFC (Retd.)
www.akchandok.com
From India, Chandigarh
It is always advisable to have different code numbers for the benefits of employees for the sake of Pensionary benefits etc.
CHANDOK AK
RPFC (Retd.)
www.akchandok.com
From India, Chandigarh
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF & ESI Common Challan.xls
Revised online process for issue of PF code from 1.12.2015.pdf