Dear All,
I am working for a startup company which is just 3 years old. As new policy of the Company we have applied for PF last month. Post application PF officer came to our office to verify the document, since it was startup few documents were missing which he mentioned to produce in the PF office, which was produced in a weeks times.
Now again last week PF officer visited our office and gave a showcase notice, to produce all the same documents again along with books of accounts from the day company has started, employee attendance sheet from starting, Employee pay out sheet from starting and also asked us to deposit the PF Amount from the day the company crossed 20 employees.
My question is, when you apply for PF as per law what is the time frame to produce the document. Also what all document needs to be produced. Is the entire accounts book is required to produced to PF commissioner. Also want to understand is the company liable for notices with 1 month of application of PF. As we started receiving the notice from the 2nd weeks onwards.
Can anybody guide me regarding the PF norms? I tried to check in the PF portal i am unable to get details.
Thanks in advance
From India, Mumbai
I am working for a startup company which is just 3 years old. As new policy of the Company we have applied for PF last month. Post application PF officer came to our office to verify the document, since it was startup few documents were missing which he mentioned to produce in the PF office, which was produced in a weeks times.
Now again last week PF officer visited our office and gave a showcase notice, to produce all the same documents again along with books of accounts from the day company has started, employee attendance sheet from starting, Employee pay out sheet from starting and also asked us to deposit the PF Amount from the day the company crossed 20 employees.
My question is, when you apply for PF as per law what is the time frame to produce the document. Also what all document needs to be produced. Is the entire accounts book is required to produced to PF commissioner. Also want to understand is the company liable for notices with 1 month of application of PF. As we started receiving the notice from the 2nd weeks onwards.
Can anybody guide me regarding the PF norms? I tried to check in the PF portal i am unable to get details.
Thanks in advance
From India, Mumbai
HI
Earlier before registering the company with PF we were supposed to submit all the relevant documents to get PF number. Now as there is online submission option we use to get the PF number and allotment letter we get immediately so as soon as we get the PF certificate we have to submit the supporting documents to the PF department.
As per the PF rules once the employee strength reaches 20+ it is compulsory to register and contribute PF amount to the PF and if at all you have not registered immediately the employee strength reached 20 company have to contribute the PF amount to the department since the date employee crossed 20
As they are asking we have to provide the attendance sheet as well as Salary statement from the beginning is to check when the employee strength reached 20 based on the statement they will issue notice to pay the back wages and the coverage will start from employee strength reached 20 and above. The reason they are asking the book of accounts is to cross check the information that you have provided is matching to books of accounts
From India, Bangalore
639Earlier before registering the company with PF we were supposed to submit all the relevant documents to get PF number. Now as there is online submission option we use to get the PF number and allotment letter we get immediately so as soon as we get the PF certificate we have to submit the supporting documents to the PF department.
As per the PF rules once the employee strength reaches 20+ it is compulsory to register and contribute PF amount to the PF and if at all you have not registered immediately the employee strength reached 20 company have to contribute the PF amount to the department since the date employee crossed 20
As they are asking we have to provide the attendance sheet as well as Salary statement from the beginning is to check when the employee strength reached 20 based on the statement they will issue notice to pay the back wages and the coverage will start from employee strength reached 20 and above. The reason they are asking the book of accounts is to cross check the information that you have provided is matching to books of accounts
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Registration for EPF-Procedures & documents.docx
Why don’t the documents get downloaded.ppt