PF Recovery for Single-Time Contractors
Whether we have to recover PF for a single-time contractor even if the contractor doesn't have PF registration. If so, how should we proceed? Currently, we handle ESI compliance for such contractors and remit the same in the Company Code.
Regards,
T. Balaji
Cost Accountant
From India, Madras
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1Whether we have to recover PF for a single-time contractor even if the contractor doesn't have PF registration. If so, how should we proceed? Currently, we handle ESI compliance for such contractors and remit the same in the Company Code.
Regards,
T. Balaji
Cost Accountant
From India, Madras
Acknowledge(0)Amend(0)
You can use your company's PF code to remit the members' contributions of such contractors. This is the practice followed when a contractor engages fewer than the required number of workmen as per the PF Act or does not have their own PF code.
Regards
From United States
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Regards
From United States
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Revised online process for issue of PF code from 1.12.2015.pdf