PF - Overtime Wages

gurumurthi
dear sir,
pls advise me if Overtime wages is applicable for PF
we having a contract labours we are paying the overtime also but we are paying PF 13.61% not included ot. Pls advise me if overtime wages ( charges ) is applicable fo PF
Regards,
R.Gurumurthi
amitshah
Hi Gurumurthy,
You are in Silvassa. You are working in which company. I was there for almost 7 years.
Any way regarding ur query, the PF is not applicable on OT wages. But yes ESI is applicable on the OT.
Thanks,
Amit
gurumurthi
dear sir,
what we will recd required documents from labour contractor
like reg.certificate, copy of deposit challan
pls advise if we are paying the PF but party if pf paying or not how to know ? for example : my labour contractor labour supplying of more than one company how to know my company PF amount deposited or not ?
what are the PF require documents maintaining in factory my company in silvassa D&.N.H ( U.T) ESI not applicable . My company is newly started company any exemption for PF & Bonus or Minimum Bonus % ?
what are the require documents for PF
ASHOK KUMAR SHARMA
Dear Memebr
You can ask them for submissting the following documents every month
PF CONTRIBUTION CHALLAN'S COPY
WAGES SHEET
FORM 12-A
FORM 5
FORM 10
And in the end of the Financial year you may also aks form No 3-A and Form No 6A
From the above dcouments you can verify whether the contractor is dpositing PF regularly or not
PF always deducted on Basic Salary plus DA but ESIC is deducted on each and every allowances except conveyance expenses paid on daily basis
Regards
ASHOK KUMAR SHARMA
Dear Seth
As per my knowledge and PF Act there is no rate of PF @ 13.61 % becuase PF Contribution rate 12% employee and 12% employer plus other expenses which are administrative and EDLI etc total rate of contribution comes @25.61% .
You may ask other clerification either mail or over my mobile 9350578043
Regards
ASHOK KUMAR
Amith R Murthy
Hi Ashok,
Yes i am very much clear about the PF %, but my reason of asking that question is that our friend Gurumurthi as mentioned as 13.61% and that is the reason i wanted to know. By the i am Amith R Murthy and the Amit Seth who is the active member of Cite HR. Thanks for your reply will definitely call you at any time if any clarification is required.
Regards
Amith R.
vissumba
Hi All,
I think 13.61% is includes CTC, because 12%(employee)+12%(employer)+1.61% (admin,edl charges.etc)also paid the employer only.
May be they includ this 1.61% also in CTC
Regards
Vishnu
White Eagle
PF is not applicable on OVERTIME
For more information:White Eagle: Provident fund and Overtime Allowances
carmelshyam
Dear All,
Please let me know if ESI is applicable in Silvassa........... Nearby area there is no Local Offices or Hospitals where our factory is put up
Regards
Mt.Carmel
vamsiupadhayula
HAI
THIS IS VAMSI
IF ANY EMPLOYEE COMPLETE TEN YEARS SERVICES AND HIS MONTHLY CONTRIBUTION WAS Rs 6500. HOW MUCH HE WILL GET AS MONTHLY PENSION
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