Dear Sir,
I want to seek some Information regarding the deduction of Provident Fund. whether it is mandatory for the employees hired on the Contract basis for the period of 2 yrs or 3 yrs for the post of teachers or instructor under govt scheme of some state to deduct Provident fund or employer have to contribute towards provident fund on salary?
Thanking You
Yours Faithfully,
suresh kumar. p
From India, Namakkal
I want to seek some Information regarding the deduction of Provident Fund. whether it is mandatory for the employees hired on the Contract basis for the period of 2 yrs or 3 yrs for the post of teachers or instructor under govt scheme of some state to deduct Provident fund or employer have to contribute towards provident fund on salary?
Thanking You
Yours Faithfully,
suresh kumar. p
From India, Namakkal
The answer would depend upon the nature of your establishment. You have mentioned that it is a School. But has not mentioned whether it is a Government School or Government Aided school or a purely private school. For each one there are different Provident Fund Schemes, depending upon the State where it is located. So, unless you give the full details it would be difficult to give a proper guidance.
From India, Madras
112From India, Madras
Dear Suresh,
If the employment contract is for more than 30 days and the employee(s) employed by the Contractor or you have worked for more than 30 days in a year, they are eligible for PF deduction. An equal amount has to be contributed by the employer also. Go through Act, and every thing will be clear. Now-a-days, Contract Documents also contain such clauses as regards to pay/wages, PF, leave, other social obligation to be met by the employer/contractor.
Best Wisehs.
AK Jain
HR Personnel
NCL, CIL
From India, Jabalpur
If the employment contract is for more than 30 days and the employee(s) employed by the Contractor or you have worked for more than 30 days in a year, they are eligible for PF deduction. An equal amount has to be contributed by the employer also. Go through Act, and every thing will be clear. Now-a-days, Contract Documents also contain such clauses as regards to pay/wages, PF, leave, other social obligation to be met by the employer/contractor.
Best Wisehs.
AK Jain
HR Personnel
NCL, CIL
From India, Jabalpur
Mr Jain Which provision in EPF Act or schemes say that minimum of 30 days work is required for PF recovery.? Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
If establishment is covered under PF Scheme, the fixed term employees will be covered under the provisons of act where as reatainers will not. Mritunjay Nath Sahu GM(HR)
From India, Vadodara
From India, Vadodara
Sir Is the deduction of pf is responsibility of employer . If form 11 not given by the employee so is the deduction is mandatory.
@manmeet
providing form 11 and obtaining it duly signed from employee is employer's duty, contribution to EPF would be opted or not, it is choice of the employee
it is a long chapter to discuss, but in short, if the payment is made after deduction of TDS u/s 194J, then EPF provisions may be exempted, but if TDS is not deducted, then such staff is employee of establishment, and are eligible for EPF provided their basic + da is below 15000/- per month
providing form 11 and obtaining it duly signed from employee is employer's duty, contribution to EPF would be opted or not, it is choice of the employee
it is a long chapter to discuss, but in short, if the payment is made after deduction of TDS u/s 194J, then EPF provisions may be exempted, but if TDS is not deducted, then such staff is employee of establishment, and are eligible for EPF provided their basic + da is below 15000/- per month
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Provident fund.zip
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PROVIDENT FUND.doc