To Whom PF Is Applicable?

k2s
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: [Login to view]
Nishi Kamat
- 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
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
Please clarify that PF is applicable for establishment having more than 10 employees or more than 20 employees.......
sankarpriyan
Hi,
As of My knowledge the PF will be applicable when the employees counting touches 20 as per PF Act
rakib
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
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
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
Pf is applicable to menpower above 20 and if salary structure is more rs/- 760 is paybale only
k2s
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
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