we have 35 employees in our company out of which 18 persons are permannet and balance are temporarily appointed.
pl inform whether PF should be paid for all or the permannet employees only.
pl help me
with regards
kittu:confused:
From India, Hyderabad
pl inform whether PF should be paid for all or the permannet employees only.
pl help me
with regards
kittu:confused:
From India, Hyderabad
Your company will be covered under Provident Fund Act. It is immaterial whether employeees are temporary. On any day preceeding 12 months if you company engaged 20 or more employees from that day PF will be applicable.
Temporary modus operandi engaged on work by the company...Temporary employees are employees read the definition of employee under PF Act....
badlu
From Saudi Arabia
15Temporary modus operandi engaged on work by the company...Temporary employees are employees read the definition of employee under PF Act....
badlu
From Saudi Arabia
dear yes as mr badlu said PF act is applicable to you and u have to deposit PF of temporary employees also. tks j s malik
From India, Delhi
From India, Delhi
Dear,
Once the organization is covered under PF / ESI acts all the people ie., Permanent, Temporary, Casual, Contract etc ., except Apprentices are to be covered under this act and contributions are to be paid. A seperate rule for the employees whose Basic + DoA+ VDA is more than Rs.6500/- pm wrt PF., and those employees monthly wages are over and above Rs.10000/- are exempted under ESI.
Even contractor is not remitting the PF amount as a principle employer we are responsible to pay the contribution and deduct to that extent from the bill payable to the contractor.
With best regards - kameswara
From India, Hyderabad
Once the organization is covered under PF / ESI acts all the people ie., Permanent, Temporary, Casual, Contract etc ., except Apprentices are to be covered under this act and contributions are to be paid. A seperate rule for the employees whose Basic + DoA+ VDA is more than Rs.6500/- pm wrt PF., and those employees monthly wages are over and above Rs.10000/- are exempted under ESI.
Even contractor is not remitting the PF amount as a principle employer we are responsible to pay the contribution and deduct to that extent from the bill payable to the contractor.
With best regards - kameswara
From India, Hyderabad
Once the organization is covered under PF / ESI acts all the people ie., Permanent, Temporary, Casual, Contract etc ., But it is not that you have to wait until 20 employees. it is better to pay before rich 20 no. thier is some excemption for temprary employees. while in trainning period
From India, Madras
From India, Madras
Hi,Attached PF write up for your reference, hope the same answers all your questions.best regards,Arun
From India, Mumbai
From India, Mumbai
Sir,
Unless the figure of 20 is reached PF is not mandatory for a company... but even if the figure is 20 and there are more than 5 persons with basic above 10000 than what happends? please guide.
Regds,
Arunava
From India, Calcutta
Unless the figure of 20 is reached PF is not mandatory for a company... but even if the figure is 20 and there are more than 5 persons with basic above 10000 than what happends? please guide.
Regds,
Arunava
From India, Calcutta
dear arunava it is not the condition for applicablity that there should be 20 eligible employee. condition is 20 employee. tks j s malik
From India, Delhi
From India, Delhi
This BANIYA MANAGEMENT TRICKs does not helpful in avoiding coverage to PF ACT..... Partho
From Saudi Arabia
From Saudi Arabia
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