Our's is a newly set up JV with the registered office in Mumbai, with the promoter companies being PSU. It has the following manpower:
a. 5 contractual workers (employed under handling/security contractor and complying with PF norms)
b. 8 employees on deputation from promoter PSU companies (salary and all other HR compliance by the parent company) and billed to JV
c. 5 employees aged 60 plus on contractual assignment directly under the JV in senior positions.
d. 2 contractual employees on a temporary assignment directly under the JV for clerical work (receptionist/office assistant) with a monthly lump-sum payment of 30 thousand.
My questions are as follows:
1. Is registration under Shops & Establishment required?
2. Is PF registration by JV/deduction of PF required for those under item (d) mentioned above?
3. Will employees on deputation from parent companies to a JV be considered under the employee strength of the JV as far as the definition of establishment goes?
From India, Mumbai
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a. 5 contractual workers (employed under handling/security contractor and complying with PF norms)
b. 8 employees on deputation from promoter PSU companies (salary and all other HR compliance by the parent company) and billed to JV
c. 5 employees aged 60 plus on contractual assignment directly under the JV in senior positions.
d. 2 contractual employees on a temporary assignment directly under the JV for clerical work (receptionist/office assistant) with a monthly lump-sum payment of 30 thousand.
My questions are as follows:
1. Is registration under Shops & Establishment required?
2. Is PF registration by JV/deduction of PF required for those under item (d) mentioned above?
3. Will employees on deputation from parent companies to a JV be considered under the employee strength of the JV as far as the definition of establishment goes?
From India, Mumbai
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In my opinion, Is Registration under Shops & Establishment Required?
Yes, the office premises have to be registered under the Shops and Establishment Act within 12 months of commencement.
Is PF registration by JV/deduction of PF required for those under serial (d) mentioned above?
Provident Fund applicability starts when you have 20 or more coverable employees (employees drawing Rs. 21,000 or less), including directors. Register through the PF Portal. The same applies to ESI as well (wage limit is Rs. 15,000).
Will employees on deputation from parent companies to a JV be considered under the employee strength of the JV as per the definition of the establishment?
From India, Madras
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320Yes, the office premises have to be registered under the Shops and Establishment Act within 12 months of commencement.
Is PF registration by JV/deduction of PF required for those under serial (d) mentioned above?
Provident Fund applicability starts when you have 20 or more coverable employees (employees drawing Rs. 21,000 or less), including directors. Register through the PF Portal. The same applies to ESI as well (wage limit is Rs. 15,000).
Will employees on deputation from parent companies to a JV be considered under the employee strength of the JV as per the definition of the establishment?
From India, Madras
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