Understanding the CMPF Act: How Does It Affect PF Contributions for Contract Workers?

bijay_majumdar
What is CMPF Act?
I want to know the PF contribution details under the CMPF Act. How is it applicable to contract workers?

---

In the above text, I corrected the spelling and grammar errors and ensured proper paragraph formatting. I maintained the original meaning and tone of the message. Let me know if you need further assistance.
bijay_majumdar
What is CMPF Act? How is it applicable to contract workers? What is the contribution share percentage in this case for employees and employers along with administrative charges?
bijay_majumdar
I have gone through the link, but I am still unclear on contributions as it also mentions the voluntary PF deductions. Moreover, I also have doubts about its applicability to contractors providing services in this sector. Kindly help me understand the same.

Regards
vijaydas07
Dear All,

Greetings for the New Year 2017. Please find attached the CMPF Contribution format for CCL-Coal mine. I hope it will help clarify any doubts regarding contributions to CMPF.

With Warm Regards,
Vijjay Das
1 Attachment(s) [Login To View]

Pradipta Nath
Dear Mr. Vijay,

Thank you for sharing. I have gone through the attachment. Could you please provide further elaboration on the following points:

1. EFPS @ 2%: Is this deduction made from the employee? Is it a fixed deduction, and how is it calculated?
2. Increment @ 3% of basic @ time of joining: Is this also a fixed percentage, and how is it calculated?
3. Admin charges @ 3%: Is this 3% calculated on what basis? Who will bear these charges, the employer, or the employee?

Additionally, if possible, could you please share Form PS-V, VV statement, and details on the process for remitting CMPF (DD, A/C no., etc)?

Thank you.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute