As per act employers is to do contribution towards epf/pension fund.if not done it has to pay damages/penalty.my employer(psu) says employee is to pay penalty/damages as also missing contributions.what is legal status? Can anybody clarify please.-abrol
From India, New Delhi
From India, New Delhi
Dear Ravi
Do you have record for your monthly PF Recovery in your salary slip. Then you need not to worry about fine/damage/penalty. It is the duty of the employer to deposit the PF Contribution (both employee and employer + Admin charges (12%+12%+1.61%) ) to the respective regional PF Commissionerate.
For your ready reference I am enclosing the PF Act. Please make use of it.
From India, Kumbakonam
1166Do you have record for your monthly PF Recovery in your salary slip. Then you need not to worry about fine/damage/penalty. It is the duty of the employer to deposit the PF Contribution (both employee and employer + Admin charges (12%+12%+1.61%) ) to the respective regional PF Commissionerate.
For your ready reference I am enclosing the PF Act. Please make use of it.
From India, Kumbakonam
Hi sir/madam i am anil chaturvedi working as a hr trainee but i don’t know how to fill esi & epf callan and what is a/c no. 1,2 and 20,21,22? I need proper guidence please guide me. Thank
From India, Pune
From India, Pune
Dear Anil
The same question has been answered many time in this site. You cannot learn swimming by reading some books or attending some theory classes. Please start working in PF Data Preparation, compilation and approach your Regional PF Office and take their guidance. They will further guide you how to remit the money, in which code, what is the percentage, where to deposit the challan and payment, what is form 3A, Form 6A and other procedures required by you.
Wish you all the best dear.
From India, Kumbakonam
The same question has been answered many time in this site. You cannot learn swimming by reading some books or attending some theory classes. Please start working in PF Data Preparation, compilation and approach your Regional PF Office and take their guidance. They will further guide you how to remit the money, in which code, what is the percentage, where to deposit the challan and payment, what is form 3A, Form 6A and other procedures required by you.
Wish you all the best dear.
From India, Kumbakonam
Can anyone suggest any ideas about the following salary structure:
PARTICULARS AMOUNT (RS)
Basic 5,000
HRA 400
Conveyance Allowance 1,600
Incentive -
Special Personal Allowances 3,090
Gross Salary 10,090
Employee Professional Tax 90
Net Salary (Take Home) 10,000
Insurance-Mediclaim
Bonus-one month on 841
completion of 1 yr
Monthly CTC 10931
Annual CTC 1,31,170
Thanks & Regards,
Saswati Guha Chakraborty
HR - Manager
From India, Kolkata
PARTICULARS AMOUNT (RS)
Basic 5,000
HRA 400
Conveyance Allowance 1,600
Incentive -
Special Personal Allowances 3,090
Gross Salary 10,090
Employee Professional Tax 90
Net Salary (Take Home) 10,000
Insurance-Mediclaim
Bonus-one month on 841
completion of 1 yr
Monthly CTC 10931
Annual CTC 1,31,170
Thanks & Regards,
Saswati Guha Chakraborty
HR - Manager
From India, Kolkata
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EPF Act.ppt