Dear All Members & Seniors,
I am working in a Pvt Ltd firm with a staff of 20 employees, and currently, we do not have any PF account or policy for employees. Now, management wants to comply with the criteria to deduct PF from employee salaries.
Can you please help me with how we can start PF in our company? What is the procedure and the rules to be eligible for PF? What is the minimum salary range on which PF is applied?
I kindly request all of you to guide me.
From India, Mumbai
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I am working in a Pvt Ltd firm with a staff of 20 employees, and currently, we do not have any PF account or policy for employees. Now, management wants to comply with the criteria to deduct PF from employee salaries.
Can you please help me with how we can start PF in our company? What is the procedure and the rules to be eligible for PF? What is the minimum salary range on which PF is applied?
I kindly request all of you to guide me.
From India, Mumbai
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Dear,
First of all, you have to register with P.F. and ESIC. You already have 20 employees, so you must take registration from both departments. The procedure is very simple.
For P.F., you may contact your nearest P.F. office, fill the P.F. registration form, and the following documents are required along with this form:
Essential Documents to be submitted (For entities other than a proprietary concern):
1. A copy of Memorandum and Articles of Association and the certificate of incorporation issued by the Registrar of Companies in the case of Public and Private Ltd. Companies.
2. A copy of the partnership deed in the case of partnerships.
3. A copy of the Registration certificate issued by the Registrar of Co-operative societies.
4. A copy of the Registration certificate issued by the Registrar in the case of societies registered under the Societies Registration Act along with a copy of the objects and Rules of the Society.
5. Partition deeds creating HUF.
6. Any agreement or other legal documents in the case of an Association of persons as defined in the Income Tax Act.
A list of documents that can be submitted as proof of the date of setup:-
(Any one of these documents has to be submitted)
1. First Sales Invoice.
2. Any proof regarding the date of trial production.
3. Incorporation Certificate issued by the Registrar of Companies together with the report of the Managing Director to the Shareholders in the Annual Report.
4. Commencement of Business Certificate issued by the Registrar of Companies.
5. Certificate of Registration issued by the Registrar of Co-operative Societies.
6. Certificate of Registration issued under the Societies Registration Act.
7. Certificate issued by the Reserve Bank of India registering newly set up and non-banking financial companies.
8. License issued by the Health Authorities.
9. License/permission issued by the Municipal/Corporation Authorities.
10. Permission/approval granted by the appropriate State Govt. Authorities in the case of Educational Institutions.
11. Certificate issued by the Fire Authorities in the case of establishments coming under the Explosives Act.
12. First assessment order issued by the Sales Tax Authorities.
13. First assessment order issued by the Income Tax Authorities.
14. Certificate issued by the Small Scale Industries authorities registering the establishment.
15. Reports/returns to Central Excise authorities.
16. Sanction/connection of power like H.T. connection, L.T. connection, etc.
17. Any other Certificate issued by any authority under any law for the time being in force prior to the commencement of business activity/manufacturing activity.
The above list is not exhaustive and is only illustrative. Any one or more of the above documents may be submitted along with your application for the allotment of a Code Number.
Attribution: https://www.citehr.com/152326-esi-pf...#ixzz2cm0hghVn
From India, Delhi
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7First of all, you have to register with P.F. and ESIC. You already have 20 employees, so you must take registration from both departments. The procedure is very simple.
For P.F., you may contact your nearest P.F. office, fill the P.F. registration form, and the following documents are required along with this form:
Essential Documents to be submitted (For entities other than a proprietary concern):
1. A copy of Memorandum and Articles of Association and the certificate of incorporation issued by the Registrar of Companies in the case of Public and Private Ltd. Companies.
2. A copy of the partnership deed in the case of partnerships.
3. A copy of the Registration certificate issued by the Registrar of Co-operative societies.
4. A copy of the Registration certificate issued by the Registrar in the case of societies registered under the Societies Registration Act along with a copy of the objects and Rules of the Society.
5. Partition deeds creating HUF.
6. Any agreement or other legal documents in the case of an Association of persons as defined in the Income Tax Act.
A list of documents that can be submitted as proof of the date of setup:-
(Any one of these documents has to be submitted)
1. First Sales Invoice.
2. Any proof regarding the date of trial production.
3. Incorporation Certificate issued by the Registrar of Companies together with the report of the Managing Director to the Shareholders in the Annual Report.
4. Commencement of Business Certificate issued by the Registrar of Companies.
5. Certificate of Registration issued by the Registrar of Co-operative Societies.
6. Certificate of Registration issued under the Societies Registration Act.
7. Certificate issued by the Reserve Bank of India registering newly set up and non-banking financial companies.
8. License issued by the Health Authorities.
9. License/permission issued by the Municipal/Corporation Authorities.
10. Permission/approval granted by the appropriate State Govt. Authorities in the case of Educational Institutions.
11. Certificate issued by the Fire Authorities in the case of establishments coming under the Explosives Act.
12. First assessment order issued by the Sales Tax Authorities.
13. First assessment order issued by the Income Tax Authorities.
14. Certificate issued by the Small Scale Industries authorities registering the establishment.
15. Reports/returns to Central Excise authorities.
16. Sanction/connection of power like H.T. connection, L.T. connection, etc.
17. Any other Certificate issued by any authority under any law for the time being in force prior to the commencement of business activity/manufacturing activity.
The above list is not exhaustive and is only illustrative. Any one or more of the above documents may be submitted along with your application for the allotment of a Code Number.
Attribution: https://www.citehr.com/152326-esi-pf...#ixzz2cm0hghVn
From India, Delhi
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Dear Raj10101991,
You need to hire a service of a professional like me who can help you, guide you, or advise you on compliance with various Labour Laws applicable to you. It seems you are from Mumbai. You can avail of my services. To know about my profile, please click on my website as given below. You can also view my various posts in this forum, which are more than 1111, to judge me.
From India, Mumbai
Acknowledge(0)Amend(0)
You need to hire a service of a professional like me who can help you, guide you, or advise you on compliance with various Labour Laws applicable to you. It seems you are from Mumbai. You can avail of my services. To know about my profile, please click on my website as given below. You can also view my various posts in this forum, which are more than 1111, to judge me.
From India, Mumbai
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