Dear All,
I am working in a MNC Company. My Salary processing is from 26th of the previous month to 25th of present month.
My main query is, if an employee joined between 26th to 30th, i.e., after processing of the salaries, then how can we show his wages in P.F. Challan and if we pay his P.F. amount in next month, is it correct to pay his previous amount in next P.F. Challan?
For example Iam processing salary from 26th Sept,2010 to 25th Oct,2010. If an employee joined on 28th Oct,2010, how can I show his P.F. amount in Oct-2010 P.F. Challan?
regards,
siddharth
From India, Sangli
4I am working in a MNC Company. My Salary processing is from 26th of the previous month to 25th of present month.
My main query is, if an employee joined between 26th to 30th, i.e., after processing of the salaries, then how can we show his wages in P.F. Challan and if we pay his P.F. amount in next month, is it correct to pay his previous amount in next P.F. Challan?
For example Iam processing salary from 26th Sept,2010 to 25th Oct,2010. If an employee joined on 28th Oct,2010, how can I show his P.F. amount in Oct-2010 P.F. Challan?
regards,
siddharth
From India, Sangli
Please ensure that the employee features in the PF challan pertaining to his month of joining. Since you have time until the 15th of next month for PF remittance, please run a "dummy" payroll for new joinees who join between 26 and 30/31 of a month. You may make the salary payment for joinees between 26 and 30/31 along with next month's salary. But please do not move PF payment to the next month. If you move the employee to next month's PF challan you will not be able to present his date of joining in the challan since as of now the PF challan for a month accepts only dates (of joining and leaving) pertaining to that month.
From India, Madras
From India, Madras
I really did not understand what you want to say can you please convey it in simple words.
From India, Sangli
From India, Sangli
#2 Report Violation Today, 12:57 PM Tegautham has explained correctly to deposit p.f. amount of new joined employee.
From India, Ahmadabad
From India, Ahmadabad
Dear Siddharth,
for this, you can visit PF department website wherein you will get relevant links and can get thorough knowledge concerning this. Also, it will be better to visit since there is an option shown in visual form (download rar/zipped folder for this) which will certainly help you learn this process. Have happy learning.
From India, Delhi
for this, you can visit PF department website wherein you will get relevant links and can get thorough knowledge concerning this. Also, it will be better to visit since there is an option shown in visual form (download rar/zipped folder for this) which will certainly help you learn this process. Have happy learning.
From India, Delhi
Hello Siddharth,
1. Do you have the login information for your company's PF account online ( http://epfoservices.in <link fixed> If not, please obtain the login information first. The process of registration is quite straightforward.
2. Once you obtain the login information, please login to the PF site to upload the text file containing PF information each month in order to download the PF ECR file. I think some members have posted documents detailing how to upload for creating PF ECR file in this forum. If you are unable to find one, please let me know.
3. You need to prepare the PF upload data in a specific text format. Again, if you are not familiar with the text file preparation, just let me know.
Regards,
Gautham
From India, Madras
1. Do you have the login information for your company's PF account online ( http://epfoservices.in <link fixed> If not, please obtain the login information first. The process of registration is quite straightforward.
2. Once you obtain the login information, please login to the PF site to upload the text file containing PF information each month in order to download the PF ECR file. I think some members have posted documents detailing how to upload for creating PF ECR file in this forum. If you are unable to find one, please let me know.
3. You need to prepare the PF upload data in a specific text format. Again, if you are not familiar with the text file preparation, just let me know.
Regards,
Gautham
From India, Madras
Hi Gautham,
Thanks for Info.
I really appreciate your help.
I did some RND and I came to know how make e return of PF.
I have few more queries
1.How to do liaisoning with government authorities specially for statutory compliance (PF,ESIC,PT, LWF, Minimum wages,Shop and establishment,maternity benifits) and how to do that? what all the charges need to pay? Is it very critical job?
2.One more query,what all the forms we need to submit on monthly or yearly basis for PT,LWF,Minimum wages,Shop and establishment and where need to submit those and to with we should coordinate for it to submit.
3.what is code and sub code in PF,ESIC? Suppose we have diff.branches in various states of company so do we need to have different codes or sub codes for PF and ESIC for each state.
waiting for your reply.
Regards,
Siddharth
From India, Sangli
Thanks for Info.
I really appreciate your help.
I did some RND and I came to know how make e return of PF.
I have few more queries
1.How to do liaisoning with government authorities specially for statutory compliance (PF,ESIC,PT, LWF, Minimum wages,Shop and establishment,maternity benifits) and how to do that? what all the charges need to pay? Is it very critical job?
2.One more query,what all the forms we need to submit on monthly or yearly basis for PT,LWF,Minimum wages,Shop and establishment and where need to submit those and to with we should coordinate for it to submit.
3.what is code and sub code in PF,ESIC? Suppose we have diff.branches in various states of company so do we need to have different codes or sub codes for PF and ESIC for each state.
waiting for your reply.
Regards,
Siddharth
From India, Sangli
I am not sure what you mean by liaisnong. As long as an organization makes timely statutory remittances/filings, there should be no problem. With regard to your questions on PT, LWF, etc. I suggest you get in touch with a consultant/expert in payroll compliance where you are located and seek their assistance.
From India, Madras
From India, Madras
Hi Gautham,
Normally we need to submit investment declaration proofs in January.
If some one fails to submit investment declaration proof or he/she could not provide in January then how tax is calculated or say deducted from his/her salary.
What is the calculation for tax after january till march?
Regards,
Siddharth
From India, Sangli
Normally we need to submit investment declaration proofs in January.
If some one fails to submit investment declaration proof or he/she could not provide in January then how tax is calculated or say deducted from his/her salary.
What is the calculation for tax after january till march?
Regards,
Siddharth
From India, Sangli
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls