ravi_karumuri Started The Discussion:
Hello everyone, May I know whether PF is applicable to a pvt. ltd., company where 18 people are working ( drawing Rs.10,000/- and above) and is more than 5 yrs old ? Thanx in adv. ravi karumuri
Posted 15th November 2009 From India, Hyderabad
No if the strength is 18 than is not mandatory.. can you please let me know what kind of company is this...
Posted 15th November 2009 From India, Mumbai
Dear Ravi,

PF will be applicable only if the number of employees reaches to 20 at any day of the year.
Moreover, those whose basic salary is more than 6500/- may be exempted from the EPF.

Regards,
Amit Seth.
Posted 15th November 2009 From India, Ahmadabad
Hi,

If Employer wish to Apply for the PF Registration he can covered his establihment under Vountacy Coverage which require minimum 10 employees and the @ 10 % pf deduction

With Best Regards

Sudhir Prabhu

9870 353545
Posted 15th November 2009 From India, Mumbai
Dear Seniors,
Hi, If the employer wish to cover the organisation they can do so by giving declaration that the two employee whose baisc is more than Rs 10000/- and are exempted to become member of the PF organisation.

In my organisation I looked afte4rt the total PF return and all the necesary documentation. We have done in the same way.
Regards,

Posted 16th November 2009 From India, Mumbai
Dear Ravi, If your company is " Factory " according to Factories Act then you are covered for PF!!!
Posted 16th November 2009 From India, Pune
dear sir if the strenght of the employees is more then 20 you would have to applied for pf code and your company should be under factory act. Thanks shyam Thakur
Posted 16th November 2009 From India, Jaipur
Pf is applicable to all companies whose employee strength is minimum 20 and basic salary is Rs 6500/- per month or below.

If the no. of employees = 20 with basic salary = 6500/- p.m or below - Its mandatory to get the organisation registered under PF and for the rest of the employees it can be voluntary.



Posted 16th November 2009 From India, Ghaziabad
Hi this is pravinkumar, Pf is applicable to an organization only if the employees working are 20+
Posted 16th November 2009 From India, Madras
If the employee strength is 20 or more then PF is applicable. It is immaterial whether you are a Private Ltd. Co., a Partnership firm or a Limited Co. Vasant Nair
Posted 17th November 2009 From India, Mumbai
Hello sir/Madam,

i am working as an HR Executive in a pvt concern, so kindly inform whether the PF is applicable for 8 employees, b'cos our employer is ready to contribute voluntarily but i got doubt whether it is applicable or not....
Posted 17th November 2009 From India, Madras
If the employee's strength is under 20, there is no mandatory for pf coverage. However, as per recent news, the committe is intending to raise the ceiling of wages for pf coverage from Rs.6500 to Rs.10000 and the Minimum employees from 20 to 10. So, if you are in personnel/HR department, send a note on this to the management
Posted 17th November 2009 From India, Madras
As per the Pf Act 1952 it is applicable if 20 or more employees has worked with an organization in the any one of the past 12 months.
Posted 17th November 2009 From India, Mumbai
If during the period of 5 yrs in any one month the total staff strength is 20 or more than 20 PF is applicable to your org and you have to register your organisation with regional PF office.And when the total staff strength become less than 20 than also PF is still applicable.
Posted 17th November 2009 From India, Mumbai
If your company need to participate in Government Tenders for the project ..... PF is Must !!
Posted 17th November 2009 From United Arab Emirates, Dubai
No as per PF act,PF is applicable if there are 20 or more than 20 employees are working in an organisation.
Posted 17th November 2009 From India, Mumbai
Hi
At the present manpower strength ur company is statutorily not bound to introduce PF. However if at any point of time since the set up of the Company there were 20 or more employees then ur company is statutorily bound to cover employees under PF since that point of time when it had 20 or more employes. Further if ur company has branches in any part of of the country excepting JK and total strength covering all branches exceed 20 or more then PF is applicable to you irrespective of the fact whether a single unit or branch has less than 20 employees.
Posted 17th November 2009 From India, Calcutta
If the employee strength is 10+ Then registration of PF is must if its less than 10 employees then company can go with an voluntary registration.

What ever the salary might be PF is applicable for all according to Min Wages Act Slabs depending upon the fixation of Basic + DA

Regards
Sandeep
Posted 17th November 2009 From India, Bangalore
IT is applicable. Company can go with voluntary Registration. Employees will be benefited. But no company goes with voluntary registration
Posted 17th November 2009 From India, Bangalore
Hi,

Just to add icing to the cake.....
For PF to be applicable there must be 20+ employees working in your organization,
Your organization should be "Factory" according to Factories Act 1948.
And the basic salary of your employees should be 6500/- pm below for mandatory PF applicability, irrespective of yours being a Pvt or Public Ltd Company.

Regards,
Swati
HR
Posted 17th November 2009 From India, Pune
Hi PF Act is applicable to ltd, pvt ltd and proprietary concern if the no. of employees are 20 including casual employees, security, contract employees. Regards Sudha
Posted 17th November 2009 From India, Bangalore
Hi Swati,

Good Morning!

Its not 20 employees its 10 employees. If below 10 then co can opt for voluntary registration

Regards
Sandeep


Just to add icing to the cake.....
For PF to be applicable there must be 20+ employees working in your organization,
Your organization should be "Factory" according to Factories Act 1948.
And the basic salary of your employees should be 6500/- pm below for mandatory PF applicability, irrespective of yours being a Pvt or Public Ltd Company.

Regards,
Swati
HR[/QUOTE]
Posted 19th November 2009 From India, Bangalore
hi sir
im working in a construction company nearly with 20 employees and drawing from 5 to 35 thousand per month.How to deducted Pf and ESI from their salary and tell me the which persons are excluded from that deduction.and how to make an pvt ltd company?
Posted 29th November 2009 From India, Bangalore
I see it is mentioned for mandatory applicability of PF "Your organization should be "Factory" according to Factories Act 1948." In this case it is a software company having more than 20 staffs and no one having less than 7000 Rs salary. Should mandatory PF enrollment be done?
Posted 20th April 2010 From India, Kochi
Dear sir
If my company is a PVT Ltd but there is no pf means we can take action. In our company there are more then 15 members. Am working for more then 2 years in this company . In our company there is no benefit . Now we are ask about the pf there is no from there. so pls give me a some tips about this sir.
Posted 31st December 2014 From India, Chennai



 
 
 
 







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