Sure,
When is a registered company eligible to deduct the EPF of their employees? Is it from the commercial production stage or the start of the project stage?
Please assist me at your earliest convenience with evidence of the act and also provide the website where the clause is mentioned.
Yours sincerely,
Pranab
From India, undefined
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When is a registered company eligible to deduct the EPF of their employees? Is it from the commercial production stage or the start of the project stage?
Please assist me at your earliest convenience with evidence of the act and also provide the website where the clause is mentioned.
Yours sincerely,
Pranab
From India, undefined
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When you cross recruiting 10 or more persons in your company rolls, you can start recovering EPF Contribution. If this is so now, you start recovering EPF from employee salary from the date you recruited the 10th employee in your company.
From India, New Delhi
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425From India, New Delhi
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Coverage under PF commences when the company has more than 19 employees, not 10.
From India, Mumbai
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From India, Mumbai
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Mandatory PF Contribution Requirement
It is not "eligible" to deduct PF contribution. It is "required" to deduct and contribute, meaning it's not a choice but a compulsory requirement. It does not matter what stage of business your company is in. As soon as the number of employees crosses 20, you need to get registered with the PF department and contribute the required amounts. You may, if you wish, opt for voluntary contribution of PF even before you reach the benchmark of 20 employees. However, it is a path that is rarely taken.
From India, Mumbai
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It is not "eligible" to deduct PF contribution. It is "required" to deduct and contribute, meaning it's not a choice but a compulsory requirement. It does not matter what stage of business your company is in. As soon as the number of employees crosses 20, you need to get registered with the PF department and contribute the required amounts. You may, if you wish, opt for voluntary contribution of PF even before you reach the benchmark of 20 employees. However, it is a path that is rarely taken.
From India, Mumbai
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EPF Scheme Guidelines For Implementation Of PMGKY Credit Of Employers And Employee Contribution .pdf
EPF - Pension contribution is zero WHY.jpg