Dear CiteHR members,
Kindly clear one doubt, we are about to get new pf no. registered for our organisation, now the query is -- is it possible if an employee seeking transfer of pf no. to ours.. and is getting his pf amount deducted.. is it possible to contribute more amount in the pf organisation on behalf of an employee regardless of new organisation registration..
Plz clear the doubt ??????
:( :( :( :(
Regards,
Sashmita
From India, Delhi
7Kindly clear one doubt, we are about to get new pf no. registered for our organisation, now the query is -- is it possible if an employee seeking transfer of pf no. to ours.. and is getting his pf amount deducted.. is it possible to contribute more amount in the pf organisation on behalf of an employee regardless of new organisation registration..
Plz clear the doubt ??????
:( :( :( :(
Regards,
Sashmita
From India, Delhi
Hi Octavious,
Thanks for the response, my doubt remains the same, assuming that we have got ourself registered in Feb 08 and would be depositing pf on employee's behalf, wherein the maximum deduction is 12%, if we deduct more than that, do we need to show it in voluntary contribution, and if yes, is it going to be same throughout or can be voluntarily withdrawn..
secondly,, those who want to get their pf no. transferred, is it possible to show gap of 5 months in the 3-A form, is it acceptable to the pf organisation.
:roll: :roll:
:roll: :roll:
Sashmita
From India, Delhi
Thanks for the response, my doubt remains the same, assuming that we have got ourself registered in Feb 08 and would be depositing pf on employee's behalf, wherein the maximum deduction is 12%, if we deduct more than that, do we need to show it in voluntary contribution, and if yes, is it going to be same throughout or can be voluntarily withdrawn..
secondly,, those who want to get their pf no. transferred, is it possible to show gap of 5 months in the 3-A form, is it acceptable to the pf organisation.
:roll: :roll:
:roll: :roll:
Sashmita
From India, Delhi
HELLO,
FOR SUCH INDEPTH DETAILS YOU WILL HAVE TO TALK TO A PF CONSULATANT, AS THIS ARE NOT LEGAL BUT MORE OF OPERATIONAL QUERIES, AND A PERSON WITH OPERATIONAL EXPERTISE IN PF CAN HELP YOU,
YOU MAY FIND LOTS OF PF CONSULTANT ON THIS CITE, PLEASE DO APPROPRIATE SEARCH
THANK YOU
OCTAVIOUS
From India, Mumbai
FOR SUCH INDEPTH DETAILS YOU WILL HAVE TO TALK TO A PF CONSULATANT, AS THIS ARE NOT LEGAL BUT MORE OF OPERATIONAL QUERIES, AND A PERSON WITH OPERATIONAL EXPERTISE IN PF CAN HELP YOU,
YOU MAY FIND LOTS OF PF CONSULTANT ON THIS CITE, PLEASE DO APPROPRIATE SEARCH
THANK YOU
OCTAVIOUS
From India, Mumbai
Hi sasmitha,
Let me tell you , you have to deduct only upto 12% of
employee's contribution.no more then that.
this is clear.
12% of employer and 12% of employee.
regards
Rajeev Dixit
...........................................
From India, Bangalore
Let me tell you , you have to deduct only upto 12% of
employee's contribution.no more then that.
this is clear.
12% of employer and 12% of employee.
regards
Rajeev Dixit
...........................................
From India, Bangalore
Your first query is as under
Clarifications
1. Date of coverage is the sate from which you need to deduct. If the date of coverage is decided as Feb 2008 and you get registered, then deduction at 12% need to be made
2.You talk about employees contribution only. from this date Emp[loyer need to make his contribution from this date.
3. Why do you deduct more? on his willingness and are you doing it yourself. If you are doing it yourself then it is illegal
4. If the employee wants to contribute more, he can. He jhas to give a letter requesting you to deduct a certain percentage everymonth.this is called Voluntary contribution Total contribution by an employee to the fund cannot exceed 20% When you deduct 12%, then the voluntary contribution can be a maximum of 8%
5. Employee can contribute less as well
6. I am not sure of the latest position, Employees can contribute a bfixed amount also everymonth provided the amount does not exceed 8 or 10%
7.If I am correct, only once in a year , an employee can give request and he can not stop it in between Unless he gives a letter stopping it, deduction will continue
8. Check on the numbver of times with the PF Office
9. He can not withdraw this It gets added as employees contribution and will be taken for calculation for loan purposes
10 The amount so paid can not be withdrawn seperately
11. Request can be voluntarily withdrawn
I hope I have answered to some extent. the first quesry
The seconds reads as under
You can show a gap.Reasons like not employed or employed in uncovered organisation need to be told Otherwise no issues in showing the gap
\
Siva
From India, Chennai
Clarifications
1. Date of coverage is the sate from which you need to deduct. If the date of coverage is decided as Feb 2008 and you get registered, then deduction at 12% need to be made
2.You talk about employees contribution only. from this date Emp[loyer need to make his contribution from this date.
3. Why do you deduct more? on his willingness and are you doing it yourself. If you are doing it yourself then it is illegal
4. If the employee wants to contribute more, he can. He jhas to give a letter requesting you to deduct a certain percentage everymonth.this is called Voluntary contribution Total contribution by an employee to the fund cannot exceed 20% When you deduct 12%, then the voluntary contribution can be a maximum of 8%
5. Employee can contribute less as well
6. I am not sure of the latest position, Employees can contribute a bfixed amount also everymonth provided the amount does not exceed 8 or 10%
7.If I am correct, only once in a year , an employee can give request and he can not stop it in between Unless he gives a letter stopping it, deduction will continue
8. Check on the numbver of times with the PF Office
9. He can not withdraw this It gets added as employees contribution and will be taken for calculation for loan purposes
10 The amount so paid can not be withdrawn seperately
11. Request can be voluntarily withdrawn
I hope I have answered to some extent. the first quesry
The seconds reads as under
You can show a gap.Reasons like not employed or employed in uncovered organisation need to be told Otherwise no issues in showing the gap
\
Siva
From India, Chennai
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