I have started a new sole propritership firm as licenced electrical contractor with number of employees below 20. some companies are demanding for pf code no. will i be eligible for pf code registration? how? what r the documents required for pf registration?
safelec
From India, Vadodara
1safelec
From India, Vadodara
Dear friend,
AS per the pf act,if an establishment has 20 or more employees then is to be covered under pf.
APPLICABILITY OF EMPLOYEES' PROVIDENT FUND AND MISCELLANEOUS PROVISIONS ACT '1952
The Employees' Provident Fund and Miscellaneous Provisions Act 1952 applies to the whole India except Jammu & Kashmir.
Employees' Provident Fund and Miscellaneous Provisions Act 1952 is applicable to:
Every establishment which is engaged in any one or more of the industries specified in Schedule I of the Act or any activity notified by Central Government in the Official Gazette. (List of Industries/Establishments)
Employing 20 or more persons .
Cinema Theatres employing 5 or more persons.
if you are covering them under pf /esi then the establishment giving contract to you will deduct pf/esi as principal employer. To avoid this, if you cover them it is a good motivation to your employees also,is itnot?
See the website EPFO for further information.
From India, Madras
AS per the pf act,if an establishment has 20 or more employees then is to be covered under pf.
APPLICABILITY OF EMPLOYEES' PROVIDENT FUND AND MISCELLANEOUS PROVISIONS ACT '1952
The Employees' Provident Fund and Miscellaneous Provisions Act 1952 applies to the whole India except Jammu & Kashmir.
Employees' Provident Fund and Miscellaneous Provisions Act 1952 is applicable to:
Every establishment which is engaged in any one or more of the industries specified in Schedule I of the Act or any activity notified by Central Government in the Official Gazette. (List of Industries/Establishments)
Employing 20 or more persons .
Cinema Theatres employing 5 or more persons.
if you are covering them under pf /esi then the establishment giving contract to you will deduct pf/esi as principal employer. To avoid this, if you cover them it is a good motivation to your employees also,is itnot?
See the website EPFO for further information.
From India, Madras
Provident fund coverage ( registration) can be done with less number ofemployees ( less than 20). As you said you are licenced contractor and losing business because company's are asking PF and ESI code Number.
I advise that you can get the registration for PF Voluntary. However, once you get the registration then u can not back out till ur establishment is completely wound up. ESI you need to have 20 employees and since u r contractor u have to show atleadt 3 to 4 contracts on hand.
From India, Mumbai
I advise that you can get the registration for PF Voluntary. However, once you get the registration then u can not back out till ur establishment is completely wound up. ESI you need to have 20 employees and since u r contractor u have to show atleadt 3 to 4 contracts on hand.
From India, Mumbai
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PF for foreign employees 1.10.08.pdf