Hi All,
any one tell me which is the main difference between Jammu EPFO and rest of India.
Contribution of Jammu EPFO
Applicablity.....................
if any industry already covered under The Employee's provident fund & Miscilleiouns Provision Act from -1987. in that case company new (project) introduce in jammu and kashmir than what is the legal openion.
regards
vishu
From India, New Delhi
any one tell me which is the main difference between Jammu EPFO and rest of India.
Contribution of Jammu EPFO
Applicablity.....................
if any industry already covered under The Employee's provident fund & Miscilleiouns Provision Act from -1987. in that case company new (project) introduce in jammu and kashmir than what is the legal openion.
regards
vishu
From India, New Delhi
Hi,
I Think EPF Act is now regulated in J&k. But it may be for those companies having HO in J&K. By my opinion you have to deduct PF for employing in J&K Zone. But is it is better to check with any legal authority such as APFC or RPFC
Best Regards
From India, Nagpur
I Think EPF Act is now regulated in J&k. But it may be for those companies having HO in J&K. By my opinion you have to deduct PF for employing in J&K Zone. But is it is better to check with any legal authority such as APFC or RPFC
Best Regards
From India, Nagpur
Boss;
In Jammu and Kashmir Pension Component is not present. Secondly organisations already complying EPF act outside J AND K and now opening up operations in J AND K can continue to do so subject to getting of certification from Complying P.F. Office that contribution is been deposited at their office this certification would have to be desposited with P.F. authorities. J AND K.
When NOC is received from J AND K you shall have to submit administration charges to P.F. Authorities on monthly basis and maintain all compliance records which can be inspected by J AND K Authorities any time.
Thank You;
Sandeep
In Jammu and Kashmir Pension Component is not present. Secondly organisations already complying EPF act outside J AND K and now opening up operations in J AND K can continue to do so subject to getting of certification from Complying P.F. Office that contribution is been deposited at their office this certification would have to be desposited with P.F. authorities. J AND K.
When NOC is received from J AND K you shall have to submit administration charges to P.F. Authorities on monthly basis and maintain all compliance records which can be inspected by J AND K Authorities any time.
Thank You;
Sandeep
hi vishnu....
r u vishnu diwakar...from VSP
sorry ...this is not relevenat to the topic but... vishnu diwaker is my friend, whith whom iam not in touch with ...but i will be glad if this vishnu is my friend vishnu.
regards
sowjanya
From India, Ranchi
r u vishnu diwakar...from VSP
sorry ...this is not relevenat to the topic but... vishnu diwaker is my friend, whith whom iam not in touch with ...but i will be glad if this vishnu is my friend vishnu.
regards
sowjanya
From India, Ranchi
Dear
The contribution is 8.33% on Basic + Da if applicable (employee + employer share), Administration Charges (5% of Total Contribution) + EDLI (1% of Total PF able Wages).
(12% contribution is allowed)
The max ceiling is Rs 10000/- for the contribution and voluntary contribution can be added on.
The companies operating thru J&K should have their PF accounts as it is best practice as per legal compliance, this will help company from any inspector ill remarks and many comanies has started applying and contributing at J&K.
regards,
The contribution is 8.33% on Basic + Da if applicable (employee + employer share), Administration Charges (5% of Total Contribution) + EDLI (1% of Total PF able Wages).
(12% contribution is allowed)
The max ceiling is Rs 10000/- for the contribution and voluntary contribution can be added on.
The companies operating thru J&K should have their PF accounts as it is best practice as per legal compliance, this will help company from any inspector ill remarks and many comanies has started applying and contributing at J&K.
regards,
Dear, Please tell me about annual return under J&K PF act. Format of 3a, 6a and period of return. with warm regards Shiv Mohan Singh
From India, Gurgaon
From India, Gurgaon
In Jammu and Kashmir there is another PF act and scheme is applicable called The Jammu and Kashmir Employees Provident Fund Act, 1961 and Scheme 1961.
every establishment who had 10 or more Employees need to get PF code. (w.e.f 25 Oct 12)
Pension contribution is included in the scheme.
12% from employee and Employer is to be deducted and submitted.
From India, New Delhi
every establishment who had 10 or more Employees need to get PF code. (w.e.f 25 Oct 12)
Pension contribution is included in the scheme.
12% from employee and Employer is to be deducted and submitted.
From India, New Delhi
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