In our company total number of employees are 32. All are employed at consolidated salary basis. Out of these 32 employees only one employee's salary is Rs. 14,000/- per month. All other get more than Rs.15,000/-. The Company has not yet registered with EPFO.
Questions are:
1. Whether provisions of EPF&MP Act, 1952 are applicable to the Company and it should get registration with EPFO?
2. If answer or Q.1 is yes, in that case, will all employees get EPF from Company or only that one employee having salary of Rs. 14,000/- per month?
From India, Kolkata
Questions are:
1. Whether provisions of EPF&MP Act, 1952 are applicable to the Company and it should get registration with EPFO?
2. If answer or Q.1 is yes, in that case, will all employees get EPF from Company or only that one employee having salary of Rs. 14,000/- per month?
From India, Kolkata
dear jatin,
remember as per the GOVT notifaction EPFO is applicable to the company of strength-10 or more employees. with that case your company had to be registered with EPFO. and minimum deduction for EPF eligible is Basic of 15,000 - with this one of your employee who salary is 14,000 per month is also eligible.
From India, Hyderabad
15remember as per the GOVT notifaction EPFO is applicable to the company of strength-10 or more employees. with that case your company had to be registered with EPFO. and minimum deduction for EPF eligible is Basic of 15,000 - with this one of your employee who salary is 14,000 per month is also eligible.
From India, Hyderabad
epfo registration mandatory for you my dear.
If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 75/- and
If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 25/-
From India, Mumbai
If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 75/- and
If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 25/-
From India, Mumbai
EPF Registration necessary Since you crossed the number 19.
It is irrelevant whether only one person is getting salaey below Rs. 15000 and others are above 15000.
You may cover all persons but contribution can be restricred upto salary 15000 or actual when less.
From India, Kolhapur
It is irrelevant whether only one person is getting salaey below Rs. 15000 and others are above 15000.
You may cover all persons but contribution can be restricred upto salary 15000 or actual when less.
From India, Kolhapur
In an educational trust having 16 permanent teaching staff , 4 trustees and 6 daily wager are rendering their services. The salary of teachers are on the basis of period. Five teachers are getting 10000 per month. Four are getting 9000 per month and 7 are getting 7500 per month. 3 trustees are getting remunication 5000 for managing trust and one get 20000. Is it mandatory to this trust to have EPF. If employee are not agree to provide their contribution for PF but trust are ready to contribute his contribution of PF. How can this grivences can be resolved?
From India
From India
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EPF ON LINE REGN. USER MANUAL.pdf