Hi all,
Can anyone tell me what the main difference is between Jammu EPFO and the rest of India? What is the contribution of Jammu EPFO and its applicability? If an industry is already covered under The Employees' Provident Fund & Miscellaneous Provisions Act from 1987, and a new project is introduced in Jammu and Kashmir, what is the legal opinion in that case?
Regards,
Vishu
From India, New Delhi
Acknowledge(0)
Amend(0)
3Can anyone tell me what the main difference is between Jammu EPFO and the rest of India? What is the contribution of Jammu EPFO and its applicability? If an industry is already covered under The Employees' Provident Fund & Miscellaneous Provisions Act from 1987, and a new project is introduced in Jammu and Kashmir, what is the legal opinion in that case?
Regards,
Vishu
From India, New Delhi
Acknowledge(0)Amend(0)
Hi,
I think the EPF Act is now regulated in J&K. However, it may only apply to companies with headquarters in J&K. In my opinion, you must deduct PF for employees working in the J&K Zone. It would be advisable to verify this with a legal authority such as APFC or RPFC.
Best Regards
From India, Nagpur
Acknowledge(0)Amend(0)
I think the EPF Act is now regulated in J&K. However, it may only apply to companies with headquarters in J&K. In my opinion, you must deduct PF for employees working in the J&K Zone. It would be advisable to verify this with a legal authority such as APFC or RPFC.
Best Regards
From India, Nagpur
Acknowledge(0)Amend(0)
Boss,
In Jammu and Kashmir, the Pension Component is not present. Secondly, organizations already complying with the EPF Act outside Jammu and Kashmir and now opening up operations in Jammu and Kashmir can continue to do so, subject to obtaining certification from the Complying P.F. Office that contributions have been deposited at their office. This certification would have to be deposited with P.F. authorities in Jammu and Kashmir.
When NOC is received from Jammu and Kashmir, you shall have to submit administration charges to P.F. Authorities on a monthly basis and maintain all compliance records, which can be inspected by Jammu and Kashmir Authorities at any time.
Thank you.
Sandeep
Acknowledge(0)Amend(0)
In Jammu and Kashmir, the Pension Component is not present. Secondly, organizations already complying with the EPF Act outside Jammu and Kashmir and now opening up operations in Jammu and Kashmir can continue to do so, subject to obtaining certification from the Complying P.F. Office that contributions have been deposited at their office. This certification would have to be deposited with P.F. authorities in Jammu and Kashmir.
When NOC is received from Jammu and Kashmir, you shall have to submit administration charges to P.F. Authorities on a monthly basis and maintain all compliance records, which can be inspected by Jammu and Kashmir Authorities at any time.
Thank you.
Sandeep
Acknowledge(0)Amend(0)
Hi Vishnu,
Are you Vishnu Diwakar from VSP? Sorry, this is not relevant to the topic, but Vishnu Diwaker is my friend whom I am not in touch with. However, I will be glad if this Vishnu is my friend Vishnu.
Regards,
Sowjanya
From India, Ranchi
Acknowledge(0)Amend(0)
Are you Vishnu Diwakar from VSP? Sorry, this is not relevant to the topic, but Vishnu Diwaker is my friend whom I am not in touch with. However, I will be glad if this Vishnu is my friend Vishnu.
Regards,
Sowjanya
From India, Ranchi
Acknowledge(0)Amend(0)
Dear,
The contribution is 8.33% on Basic + DA if applicable (employee + employer share), Administration Charges (5% of Total Contribution) + EDLI (1% of Total PF able Wages). (12% contribution is allowed) The maximum ceiling is Rs 10,000 for the contribution, and voluntary contributions can be added on.
Companies operating through J&K should have their PF accounts, as it is best practice for legal compliance. This will help the company avoid any negative remarks from inspectors. Many companies have started applying and contributing in J&K.
Regards,
Acknowledge(0)Amend(0)
The contribution is 8.33% on Basic + DA if applicable (employee + employer share), Administration Charges (5% of Total Contribution) + EDLI (1% of Total PF able Wages). (12% contribution is allowed) The maximum ceiling is Rs 10,000 for the contribution, and voluntary contributions can be added on.
Companies operating through J&K should have their PF accounts, as it is best practice for legal compliance. This will help the company avoid any negative remarks from inspectors. Many companies have started applying and contributing in J&K.
Regards,
Acknowledge(0)Amend(0)
Dear, Please tell me about annual return under J&K PF act. Format of 3a, 6a and period of return. with warm regards Shiv Mohan Singh
From India, Gurgaon
Acknowledge(0)Amend(0)
From India, Gurgaon
Acknowledge(0)Amend(0)
In Jammu and Kashmir, there is another PF act and scheme applicable called The Jammu and Kashmir Employees Provident Fund Act, 1961, and Scheme 1961. Every establishment with 10 or more employees needs to obtain a PF code (w.e.f 25 Oct 12). Pension contributions are included in the scheme. 12% is to be deducted and submitted, with 6% contributed by the employee and 6% by the employer.
From India, New Delhi
Acknowledge(0)Amend(0)
From India, New Delhi
Acknowledge(0)Amend(0)Gathering data for an AI comment.... Sending emails to relevant members...
Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Provident Fund - Excluded Employee - Definition.pdf