Sir, please contact the nearest PF office located to your office, Dear Sir, We have company with a staff of 12 members under the company pay roll and another 15 members are outsourced and the staffing agent is providing PF for his 15 members, Now my question is are we need to register for PF or not? Please Send me any ESIC & EPF changes so please confirm me. 21 Feb. 2018 to reduce A dministrative Charges from 0.65% to 0.50% of wages and to reduce the threshold limit of minimum number of workers from 20 to 10 for coverage under the EPF Scheme. For children and orphans, it is set at Rs. If I have 19 employee is it mandatory for EPF registration? Any company having more than 10 employees will be applicable under the ESI act. The Minimum Wages Act, 1948 is a social-welfare legislation that aims to regularize the payment of wages for certain classes of employments known under the Act as scheduled employments. The contribution by employer & employee are payable on maximum wage ceiling of Rs. of Employees for applicability of Provident funf act. Thanks for Applying. The minimum PF eligibility period to withdraw both PF contribution and Pension contributions of an employee is 6 months. The employer contributes an equal amount, with the sum of PF being 13.61 percent of the total wages of the employees. The current minimum wages in Gujarat is Rs. For the PF deduction, the maximum limit of salary of the employee is Rs 15,000 per month. KUALA LUMPUR: The Employees Provident Fund (EPF) yesterday announced that employers will, from now, make a minimum statutory contribution of four per cent for employees … Dear Sir, Please speak to your employer for providing the facility. EPF India: EPF Claim, Eligibility, Interest Rate, Contribution & … What is the role of a principal employer in this regard? So you can reduce your PF deduction upto Rs. Hi Can anybody tell me what is the minimum employees required for ESI registration With Regards Geetha K - Accounts Others. 1. 5. Please advise. With the move doctors, lawyers, chartered accountants and other self-employed individuals will be able to subscribe to the Employees’ Provident Fund Organisation, which manages the retirement corpus of about 60 million employees. The contractor shall comply with all the provisions of the Minimum Wages Act, 1948, Contract Labour (Regulation and Abolition) Act, 1970 and As per provision of Employee Provident Fund Act, 12% PF has to be deducted from basic salary. 13. Sanjay Gupta (Expert) Follow. 1800. 10th employee has joined my Partnership firm…. 6500/-. Copy of PAN Bank a/c existing Certificate Copy of Vat Registration Copy of Factory/Shop & Comm. Under Section 1(5) of the Act, the Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatres, road-motor transport undertakings and newspaper establishments employing 20* or more persons. Note: Two photocopies of each document listed below is necessary. Employees’ Provident Fund has been set up under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (“Act”) applicable pan-India. 50% of employees’ share. Employees drawing less than Rs 15,000 per month have to mandatorily become members of the EPF. Under Section 2(12) the Act is applicable to non-seasonal factories employing 10 or more persons. Business Number Allotment Form (may be obtained from Pf Office) List of minimum 20 Employees with their DOJ and Rate of Salary Memorandum & Articles of Association with Certificate of Incorporation/Partnership Deed as applicable. 14. 12. However, the … Applicability . The Employee Provident Fund is built with monetary contributions by both; employees and their employer from the salary every month. 15000 that is Rs. The EPFO has decided to provide social security to an additional 50 lakh workers other than the already existing 5 crore members. 250 and 750 per month respectively. This proposal to reduce the coverage threshold was approved by the central board of trustees at the 183rd CBT meeting, which was held in July of 2008. All employees are eligible to become a member of provident Fund from the date of joining the establishment. EMPLOYEES’ PF ORGANISATION. This is incorrect info. confirm for company working in Delhi 1) ESIC is applicable for above 10 employees? ESCI Leave - on an ESIC leave for the past 2 years. 5. Dear Sir, this post is regarding EPF. i.e. If I have 18 employees and 2 consultant is it coming under EPF? Employees are not interested to joining PF scheme. What if employees number is less than 10 but employer is willing to avail PF for his entire team? Eligible employers need to register all their employees on the EPFO portal. Aatmanirbhar Bharat Abhiyan 3.0 EPF Scheme incentives benefits for Employers and Employees by the Government New Incentives for Businesses covered in PF (Provident Fund) to boost Employment If an establishment has less than 1000 employees, 24% PF (12% Employees share and 12% Employers share) shall be paid by the Government for their new employees employed on or after … 4550/- As per the new PF rules if I have to calculate the salary of an employee having a CTC of Rs. This is a much higher percentage in comparison to when it was Rs.6,500. Provident Fund: No change in EPF Act; Can small firm workers … 3. Will get back to you soon. Can he terminate the contract? Whether a consultant is eligible for EPF? so what is it 10 or 20. regards Rajinder 24th December 2009 From India, Delhi Return Back of EPF Tax Benefit If any employee withdraws from Employees Provident Fund balance before 5 years’ service all … How to find Minimum Wages. Training request sent successfully. Next, you can see the list of documents required to successfully register yourself for PF / ESI. Could you please indicate any changes in the contribution of EPF ceiling for the year 2016-17? Est Registration DD/Cheque for Six-month advance contribution (Optional) Copy of any other Registration as may be. The Employers,after adding the ESI/PF contribution of their share with that of employee's share, shall credit the same to the employee'sESI/PF account. I registered a new private ltd company with 6 employees, 2 Director and 1 Manager total – 9. I was wondering as to what is the min. Ex EPF Registerd but there is no employees what to do and any other penalty. Est Registration DD/Cheque for One-month advance contribution (Optional) Copy of any other Registration as may be. Also per the P.F act the minimum percentage of PF contribution by an employee in India is ten percent of basic pay. The limit of the Employees Provident Fund Scheme was changed from Rs.6,500 to Rs.15,000. Sanjay Gupta. thanks. The statutory PF contribution rate was reduced from 12 per cent to 10 per cent (of basic salary plus dearness allowance) by the central government for employees and employers. Actually I am a civil contractor at very low scale i dont have any employee permanent and when I need then I’ll call them, in my work I have unskilled labour, some do 1 day or 2 day and some till a week, and I pay the labour. Sir, visit the respective websites for information. If the ESI act will be applicable to us or not. As minimum wages includes many elements as mentioned above, it also includes industrial dearness allowances, for all the industrial employees which were covered under the Act. The minimum PF eligibility period to withdraw both PF contribution and Pension contributions of an employee is 6 months. Employees of an organization are directly eligible for availing Provident Fund, insurance benefits as well as pension benefits since the day they join the organization. Form 01 Employer’s Registration (may be obtained from ESI Office) List of minimum 10/20 Employees with their DOJ and Rate of Salary Memorandum & Articles of Association with Certificate of Incorporation/Partnership Deed as applicable. The employee need not contribute separately for the benefit under the EDI scheme -- only the employer has to contribute. EMPLOYER RESPONSIBILITIES NEW ESTABLISHMENTS Register establishment with EPFO on crossing the eligibility threshold –20 or more employees of specified establishment types. can you please share me the relevant provisions please. If I have 11 employees in my establishment then is it mandatory to registered under EPFO? no. This came in accordance with the EPF new rules which state that the threshold for any firm to be subscribed under the EPF act is to have 20 employees. (Archive), Maharashtra minimum wages notification july'19 to december'19 and pf amendment wages restructuring, Is it mandatory to deduct pf or esi on stipend or consolidated salary? The Employers shall pay the salary to the employees by transferring directly to their bank account after deducting the ESV PF contribution of employees share. Thanks in advance for your valuable answers. It only applies to specific establishments. All the employees would be having Basic salary more than Rs. Do I have to compulsorily have him on my rolls? Employees’ Provident Fund Scheme, 1952: Employees’ Provident Fund Scheme was set up under the Act for the purpose of providing a post retirement benefit for the employees or a class of employees or their legal heirs in case of death, employed under an establishment to which this Act applies. However, an employee who is drawing 'pay' above prescribed limit (currently Rs 15,000) can become a member with … Minimum Contribution amount is 12% of Rs. However you have the option to limit this deduction upto Rs. However as per the new PF rules, PF deductions should be done on atleast the minimum wages. You will have to pay a minimum PF of Rs. 12 members. ? Employees Enrolment Campaign. Medical reasons. Explaining further, an official has stated that the labour ministry has decided to go for it since the amendment of labour laws do not need approval from the Parliament. but in recent posts somwhere it is 10 also. ... Provident fund or employees’ provident fund is a fund created to accumulate contributions from employers and employees. dear sir, kindly request to you please guidance to 4 persons epf submission and registration, kindly tell us from when the new EPFO rule is applicable i.e no of employees to 10. The objective is to ensure that … At this particular meeting a major decision was taken pertaining to the EPFO. PF claim - death case - what are the benefits she will get from pf office. Employee & Employer contribution is 12% each of Basic salary +DA+ Retain allowance. Notification for enhancement of benefit to Rs. Further under section 1(5) of the Act, the Scheme has been extended to Private Medical and Educational institutions employing 20* or more persons in certain States/UTs. 2012 LLR 416, Urgent Clarification Regarding Contractor. ... because most of employee do not want to dedust ESIC and EPF so we want to fill form-11 for not deduct pf etc . 21 Feb. 2018 to reduce A dministrative Charges from 0.65% to 0.50% of wages and to reduce the threshold limit of minimum number of workers from 20 to 10 for coverage under the EPF Scheme. All EPFO employees will be eligible for the benefits of non-refundable advance. IKapur October 16, 2014. The list of documents required for PF and ESI registration is given below: Name of the company. This means that any Firm which has a minimum of 10 employees has to be registered with the Employees’ Provident Fund and Miscellaneous Provisions Act. 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