Dear All,
Please tell me how many no. of employees are needed in an organization to start PF? Does that no. include trainees also?
Thanks,
Shikha
OSSAGHO Corporation,
S.C.O. 6, 1st Floor,
Novelty Plaza, Opp. Park Plaza,
Ludhiana - 141001 (Pb.)
TEL: +91 161 2772775
+91 161 2772745
URL: http://www.ossagho.com
E-Mail:
From India, Ludhiana
3Please tell me how many no. of employees are needed in an organization to start PF? Does that no. include trainees also?
Thanks,
Shikha
OSSAGHO Corporation,
S.C.O. 6, 1st Floor,
Novelty Plaza, Opp. Park Plaza,
Ludhiana - 141001 (Pb.)
TEL: +91 161 2772775
+91 161 2772745
URL: http://www.ossagho.com
E-Mail:
From India, Ludhiana
- The PF is applicable to all establishment who engage 10 or more employee's.
- All employee drawing basic salary/wages upto Rs. 6500/-.
In case basic salary/wages exceeds more than 6500/- the employer is not bound to pay employer contribution towards PF. Employee can voluntarily contribute to fund on his own ( Subject to company policy ).
In current scenario normaly PF-Employer contribution is a part of CTC and employer pay the contribution though it exceeds Rs. 6500/-.
Thanks,
From India, Mumbai
- All employee drawing basic salary/wages upto Rs. 6500/-.
In case basic salary/wages exceeds more than 6500/- the employer is not bound to pay employer contribution towards PF. Employee can voluntarily contribute to fund on his own ( Subject to company policy ).
In current scenario normaly PF-Employer contribution is a part of CTC and employer pay the contribution though it exceeds Rs. 6500/-.
Thanks,
From India, Mumbai
Hi, As of My knowledge the PF will be applicable when the employees counting touches 20 as per PF Act
From India, Madras
From India, Madras
Hi
In factory act it is mention dat
• Min. no. of workers
working on any day of preceding 12 months; and
in any part of which manufacturing process is being carried on
o 10 or more (factory run with power)
o 20 or more (factory run without power
From India, New Delhi
In factory act it is mention dat
• Min. no. of workers
working on any day of preceding 12 months; and
in any part of which manufacturing process is being carried on
o 10 or more (factory run with power)
o 20 or more (factory run without power
From India, New Delhi
Dear H R folks,
Only for HR professionals - Don't you know even the basics of Acts applicable to an establishment. Amazing queries and answers. Where is the profession heading. Very very unfortunate. If your university or institutes are not teaching all those basics which are imp at least read basics..
Madan Mohan P Raju
GM - HR - BE
From India, Hyderabad
Only for HR professionals - Don't you know even the basics of Acts applicable to an establishment. Amazing queries and answers. Where is the profession heading. Very very unfortunate. If your university or institutes are not teaching all those basics which are imp at least read basics..
Madan Mohan P Raju
GM - HR - BE
From India, Hyderabad
Dear Concerned,
No body is 100% perfect. At every step of our life we come to know new things and in case of my company we are planning to start PF and i m not very much familiar with some concepts of it. If you are too good then y you joined this forum? that means even you have some doubts. So you cant blame any one. A man is a continues learner.
Regards,
Shikha
From India, Ludhiana
No body is 100% perfect. At every step of our life we come to know new things and in case of my company we are planning to start PF and i m not very much familiar with some concepts of it. If you are too good then y you joined this forum? that means even you have some doubts. So you cant blame any one. A man is a continues learner.
Regards,
Shikha
From India, Ludhiana
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PF not applicable on CTC 18.3.2014.pdf