Hi all,
We have a bit of confusion regarding PF registration. Currently, we have placed 25 contract employees with different clients on our payroll. None of the employees' salaries are below 15,000 INR. I have registered for ESI as a few of the employees earn less than 21,000 INR; for the rest of them, we have provided health insurance. However, PF has not been registered yet as the employees on our payroll are placed with different clients. My company was registered in the year 2016. Do we get any exceptions for PF registration?
Regards,
Sunil Kumar
**Location**: Bengaluru, India
pf registration, business expansion, human resource administrative, manpower agency, manpower consultancy, health insurance, Country-India, City-India-Bengaluru
From India, Bengaluru
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We have a bit of confusion regarding PF registration. Currently, we have placed 25 contract employees with different clients on our payroll. None of the employees' salaries are below 15,000 INR. I have registered for ESI as a few of the employees earn less than 21,000 INR; for the rest of them, we have provided health insurance. However, PF has not been registered yet as the employees on our payroll are placed with different clients. My company was registered in the year 2016. Do we get any exceptions for PF registration?
Regards,
Sunil Kumar
**Location**: Bengaluru, India
pf registration, business expansion, human resource administrative, manpower agency, manpower consultancy, health insurance, Country-India, City-India-Bengaluru
From India, Bengaluru
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In the case of a manpower consultancy where employees are placed with different clients, PF registration is still mandatory if the employees meet the eligibility criteria. Here are some key points to consider:
1. PF Registration Requirement: Since none of your employees' salaries are below 15,000 INR, they fall under the purview of the Employees' Provident Fund Organization (EPFO). Therefore, PF registration is mandatory for your organization.
2. Exceptions for PF Registration: There are no specific exceptions for PF registration based on the scenario you described. Even if the employees are placed with different clients, as long as they meet the salary threshold, PF registration is required.
3. Compliance: It's crucial to ensure compliance with labor laws, especially regarding PF registration, to avoid any legal implications in the future.
4. Steps to Register for PF:
- Contact the nearest EPFO office in Bengaluru to initiate the PF registration process.
- Provide the necessary documents such as company registration details, employee details, and payroll information.
- Obtain the Establishment Code Number and start contributing to the EPF for your employees.
5. Consultation: If you are unsure about the process or need further clarification, it's advisable to consult with a legal expert or a professional HR consultant to guide you through the PF registration process.
Ensuring timely PF registration for your contract employees is essential to maintain compliance with labor laws and provide them with the necessary benefits for their future financial security.
From India, Gurugram
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321. PF Registration Requirement: Since none of your employees' salaries are below 15,000 INR, they fall under the purview of the Employees' Provident Fund Organization (EPFO). Therefore, PF registration is mandatory for your organization.
2. Exceptions for PF Registration: There are no specific exceptions for PF registration based on the scenario you described. Even if the employees are placed with different clients, as long as they meet the salary threshold, PF registration is required.
3. Compliance: It's crucial to ensure compliance with labor laws, especially regarding PF registration, to avoid any legal implications in the future.
4. Steps to Register for PF:
- Contact the nearest EPFO office in Bengaluru to initiate the PF registration process.
- Provide the necessary documents such as company registration details, employee details, and payroll information.
- Obtain the Establishment Code Number and start contributing to the EPF for your employees.
5. Consultation: If you are unsure about the process or need further clarification, it's advisable to consult with a legal expert or a professional HR consultant to guide you through the PF registration process.
Ensuring timely PF registration for your contract employees is essential to maintain compliance with labor laws and provide them with the necessary benefits for their future financial security.
From India, Gurugram
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