Hello Dhruvin Sureliya,
Every establishment which is a factory engaged in any industry in which 20 or more person are employed and basic salary given less than 6500 Rs. per month is required to be registered with PROVIDENT FUND (PF).
Breakup of Provident Fund Contribution
Payment of the Contribution:
1 Epf employers 12% + employees 3.67% = 15.67 %
For More details:-
You can contact Mr. Sanjeev Kumar for registration of company PF and ESI. Mr. Sanjeev Kumar is a CEO and Director of KPS Corporate Consultant Pvt Ltd. 806, 8th Floor Aggarwal Cyber Plaza -1,Netaji Subash place,110034 Mobile: 098 11 137883
From India, Delhi
2Every establishment which is a factory engaged in any industry in which 20 or more person are employed and basic salary given less than 6500 Rs. per month is required to be registered with PROVIDENT FUND (PF).
Breakup of Provident Fund Contribution
Payment of the Contribution:
1 Epf employers 12% + employees 3.67% = 15.67 %
For More details:-
You can contact Mr. Sanjeev Kumar for registration of company PF and ESI. Mr. Sanjeev Kumar is a CEO and Director of KPS Corporate Consultant Pvt Ltd. 806, 8th Floor Aggarwal Cyber Plaza -1,Netaji Subash place,110034 Mobile: 098 11 137883
From India, Delhi
Dear KpsCorporates, Do you mean to say if all the 20 or more persons are drawing salary more than Rs.6500/- per month, there is no need to register with PF?
From India, Mumbai
From India, Mumbai
Dear Keshav Korgaonkar,
NO, want to say that Every establishment which is a factory engaged in any industry specified in schedule 1 and in which 20 or more person are employed. Any other establishment employing 20 or more persons which central government may by notification, specify in this behalf. Any establishment employing even less than 20 persons can be covered voluntarily under section 1 (4) of the act.
we can say that PF registration depends on no. of employees in your establishment and contribution depends on your basic salary.
............................
Thanks & Regards,
KPS Consultants,
Payroll by KPS:- India's 1 Labour Law Management Services, payroll outsourcing , payroll solutions, Corporate Consultants company in India,Time and Labor Management,Payroll and Tax | Kps payroll.
From India, Delhi
NO, want to say that Every establishment which is a factory engaged in any industry specified in schedule 1 and in which 20 or more person are employed. Any other establishment employing 20 or more persons which central government may by notification, specify in this behalf. Any establishment employing even less than 20 persons can be covered voluntarily under section 1 (4) of the act.
we can say that PF registration depends on no. of employees in your establishment and contribution depends on your basic salary.
............................
Thanks & Regards,
KPS Consultants,
Payroll by KPS:- India's 1 Labour Law Management Services, payroll outsourcing , payroll solutions, Corporate Consultants company in India,Time and Labor Management,Payroll and Tax | Kps payroll.
From India, Delhi
Dear KPS Consultants,
Thanks for correcting yourself.
May I further request for your valuable inputs in below given link / thread.
https://www.citehr.com/466592-deduction-salary.html
From India, Mumbai
Thanks for correcting yourself.
May I further request for your valuable inputs in below given link / thread.
https://www.citehr.com/466592-deduction-salary.html
From India, Mumbai
Dear KPS Consultants,
Kindly ignore the above link which is wrongly posted. The correct link is as under:
https://www.citehr.com/466592-deduction-salary.html
From India, Mumbai
Kindly ignore the above link which is wrongly posted. The correct link is as under:
https://www.citehr.com/466592-deduction-salary.html
From India, Mumbai
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
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