Now i joined in one HR consultancy as HR Asst . Our consultancy have more than 100 employee. But client location is different i am deployed at client location. every employee basic is more than 15000 rs. company doesn\'t provide any PF deduction to the employee. but now they planed to provide Pf deduction. can i know how company last 2 year not providing PF to employee. its possible to run company without PF deduction for last 2 years. plz help me to know the detail. Its to urgent. help me
From India, Chennai
From India, Chennai
Being an HR Executive you should know that as per PF Act an employer is not under any legal obligation to contribute towards the PF funds if the employees are getting salary of more than Rs 15000. It should also be noted that it was just Rs 6500 till last September. Certainly, the company would be a covered establishment and will be having PF Registration number but since all the employees are having salary of more than Rs 15000, none has been covered. Please check.
If the company has now decided to give PF coverage to all employees without reference to their basic salary, then it should be taken as a bonus from the employer.
I have another doubt. You are on the rolls of a Consultancy firm and you are deployed in one of their clients’ premises. Are you talking about the client company or your consultancy firm which has not provided PF? If your consultancy company has not given PF, then it should be due to the above reasons only. There is one more possibility that if you have been deployed in a client company who has no PF registration due to the reason that the company has an employment strength of less than 20 employees, then also you will not come under PF coverage because your principal employer is not covered
Madhu.T.K
From India, Kannur
3891If the company has now decided to give PF coverage to all employees without reference to their basic salary, then it should be taken as a bonus from the employer.
I have another doubt. You are on the rolls of a Consultancy firm and you are deployed in one of their clients’ premises. Are you talking about the client company or your consultancy firm which has not provided PF? If your consultancy company has not given PF, then it should be due to the above reasons only. There is one more possibility that if you have been deployed in a client company who has no PF registration due to the reason that the company has an employment strength of less than 20 employees, then also you will not come under PF coverage because your principal employer is not covered
Madhu.T.K
From India, Kannur
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls