Please let me know,
Whether P.F.Contributions are payable on Labour / Development charges/expenses ?
Whether the P.F. authorities can impose 25 % as contribution on the Labour and Development charges which are reflected in Balance Sheet of an organisation?
From India, Hyderabad
Whether P.F.Contributions are payable on Labour / Development charges/expenses ?
Whether the P.F. authorities can impose 25 % as contribution on the Labour and Development charges which are reflected in Balance Sheet of an organisation?
From India, Hyderabad
Hi,
As fas as the PF Charges are there following is applicable
Employee Contribution is 12% (8.33%-Pension Fund & 3.67% - Provident Fund)
Employers Contribution is 12% +0.5 EDLI+ 1.10 PF Admin. charges + .10 EDLI Admin Charges.
From India, Mumbai
7As fas as the PF Charges are there following is applicable
Employee Contribution is 12% (8.33%-Pension Fund & 3.67% - Provident Fund)
Employers Contribution is 12% +0.5 EDLI+ 1.10 PF Admin. charges + .10 EDLI Admin Charges.
From India, Mumbai
Dear Ramesh,
Hope you're doing well.
Please ellaborate your question a little bit. I guess PF department inspect your accounts books? Is it so?
Best regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
Hope you're doing well.
Please ellaborate your question a little bit. I guess PF department inspect your accounts books? Is it so?
Best regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
Hi everyone!
I'm in the 2nd yr of Engineering in Rv College of Engineering..
I'm doing an internship in this company and the boss wanted me to find a book/site taking care of the Rules and regulations of the HR Dept.
I'm totally clueless about HR so would really appreciate it if any of you can help me!
Thank you!
From India, Bangalore
I'm in the 2nd yr of Engineering in Rv College of Engineering..
I'm doing an internship in this company and the boss wanted me to find a book/site taking care of the Rules and regulations of the HR Dept.
I'm totally clueless about HR so would really appreciate it if any of you can help me!
Thank you!
From India, Bangalore
Dear ,
Please let us know your question in details?
Why PF authority 25% labour charge imposed ?on what basis they imposed fine on not depositing ?
Whether you deposited 0.5 EDLI+ 1.10 PF Admin. charges + .10 EDLI Admin Charges alongwith PF amount?
Best Regards
Sajid Ansari-Delhi
From India, Delhi
Please let us know your question in details?
Why PF authority 25% labour charge imposed ?on what basis they imposed fine on not depositing ?
Whether you deposited 0.5 EDLI+ 1.10 PF Admin. charges + .10 EDLI Admin Charges alongwith PF amount?
Best Regards
Sajid Ansari-Delhi
From India, Delhi
hi, i really did not understand the question. could anyone explain the question in detail to me.
From India, Mumbai
From India, Mumbai
Dear Ramesh
if you are covered under P.F.and the amount you have spend on Labour / Development charges/expenses related to your business at your work place then pf is applicable @ 25.61%
but if the expenses are incured in some other place where you do not have a direct control then the PF is not applicable.
Regards
Ravi Sauson
From India, Delhi
if you are covered under P.F.and the amount you have spend on Labour / Development charges/expenses related to your business at your work place then pf is applicable @ 25.61%
but if the expenses are incured in some other place where you do not have a direct control then the PF is not applicable.
Regards
Ravi Sauson
From India, Delhi
Every thing is right what mr sharma had explained above except the EDLF Admin charges. As per my knowledge is concerned that must be 0.01% not 0.10%. Any one can correct me if i am wrong.
Regards
Gopal
From India, Mumbai
Regards
Gopal
From India, Mumbai
Hi Ramesh,
I think you are asking about the total contribution which has to be deposited in the PF Account.
The calculation is ;
12% of Basic+DA-Employee's Contribution
12%+1.1%+.5%+.01 i.e. 13.61%- employer Contribution.
Regards
Sanjeev
From India, New Delhi
I think you are asking about the total contribution which has to be deposited in the PF Account.
The calculation is ;
12% of Basic+DA-Employee's Contribution
12%+1.1%+.5%+.01 i.e. 13.61%- employer Contribution.
Regards
Sanjeev
From India, New Delhi
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf