Can parent company make provident fund contributions for employees of subsidiary companies or other group companies? Or is it necessary for PF contribution to be paid by the employing entity itself?
If yes, what is the source for this?
From India, Mumbai
If yes, what is the source for this?
From India, Mumbai
If the subsidiary companies follow subcodes of the parent company, the contributions can be paid through parent company. Even if you don't have same code for all the establishments, payment of contribution from a single control unit is possible. But for that you have to log in separately for each unit.
From India, Kannur
4193From India, Kannur
If the subsidiary company or other group company have different balance sheet, trade license etc., then separate PF code will be required. Otherwise possible to deposit under one code.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF Contribution on Leave Encashment - Clarification by EPFO.pdf