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k2s Started The Discussion:

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:

Nishi Kamat -  Member Since: Oct 2009
- 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,

johnny6 -  Member Since: Nov 2009
dear sir,
but as per my knowledge, PF is applicable to those establishments who engage 20 and more employees, and PF contribution is there from the starting salary irrespective of a particular figure, please correct me if i am mistaken

k2s -  Member Since: Nov 2009
Please clarify that PF is applicable for establishment having more than 10 employees or more than 20 employees.......

sankarpriyan -  Member Since: Nov 2009
Hi, As of My knowledge the PF will be applicable when the employees counting touches 20 as per PF Act

rakib -  Member Since: Apr 2009
The PF Act applicable to those employers whose emploees count is 20 or more but a newly set up eshtablishment is exempted for the initial three years.

arorakirti -  Member Since: Aug 2009
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

Madan Mohan P Raju -  Member Since: Aug 2009
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

mapscons -  Member Since: Nov 2009
Pf is applicable to menpower above 20 and if salary structure is more rs/- 760 is paybale only

k2s -  Member Since: Nov 2009
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
Quote:
Originally Posted by Madan Mohan P Raju View Post
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




 
 
 
 





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