What is CMPF Act? want to know the pf contribution details under CMPF act?How it is Applicable to contract workers ?
From India, Vadodara
From India, Vadodara
What is CMPF Act?How is it applicable to contract worker? what is contribution share % in this case for employees &employers along wit admin charges?
From India, Vadodara
From India, Vadodara
Greetings.
Kindly go through the website details attached below to know more details
: : Coal Mines Providend Fund Organisation : :
regards
Raghuram
From India, Bangalore
Kindly go through the website details attached below to know more details
: : Coal Mines Providend Fund Organisation : :
regards
Raghuram
From India, Bangalore
Thanks S. Raghuram Sir,
I have gone through the link.But still I am not clear on Contributions as it also mentions the Voluntary pf deductions.More over also I have doubt on its applicability to contractors providing services in this sector.
Kindly Help me knowing the same.
Regards
From India, Vadodara
I have gone through the link.But still I am not clear on Contributions as it also mentions the Voluntary pf deductions.More over also I have doubt on its applicability to contractors providing services in this sector.
Kindly Help me knowing the same.
Regards
From India, Vadodara
Dear All, Greetings of New Year 2017. Please find the attachment of CMPF Contribution format at CCL-Coal mine. Hope it will clear the doubts in contributions on CMPF With Warm Regards, Vijjay Das
From India, Raipur
From India, Raipur
Dear Mr. Vijay,
Thank you for the sharing.
Had gone through the attachment, further please elaborate the below:-
1. EFPS @ 2%:- is this deducted from employee? is this fixed? and its calculation?
2. Increment @3% of basic @ time of joining:- is this also fixed? and its calculation?
3. Admin charges @3%:- 3% on what? Who's going to bear it, the employer or the employee?
Also if possible please share Form PS-V, VV statement and the process for remitting CMPF (DD, A/C no. etc)
From India, Kolkata
Thank you for the sharing.
Had gone through the attachment, further please elaborate the below:-
1. EFPS @ 2%:- is this deducted from employee? is this fixed? and its calculation?
2. Increment @3% of basic @ time of joining:- is this also fixed? and its calculation?
3. Admin charges @3%:- 3% on what? Who's going to bear it, the employer or the employee?
Also if possible please share Form PS-V, VV statement and the process for remitting CMPF (DD, A/C no. etc)
From India, Kolkata
Resp. Pradipta Nath Ji,
1. EFPS @ 2% of Gross Amount is contributed by employer and still is fixed.
2. Increment @3% of basic @ time of joining: is as per Principal Employer declared/noticed
Example :-
'A' employeed joined at the time of Basic rate of wages is Rs.524/- and current month muster is 17 days.
The calculation of increment is 3% => Rs.524 x 17days = Rs.8908/- => Rs.8908/- x 3% = Rs.267/-
3. Admin charges @3% being bearable by Employer.
Have a Good Day.
Regards,
Vijjay Das
From India, Raipur
1. EFPS @ 2% of Gross Amount is contributed by employer and still is fixed.
2. Increment @3% of basic @ time of joining: is as per Principal Employer declared/noticed
Example :-
'A' employeed joined at the time of Basic rate of wages is Rs.524/- and current month muster is 17 days.
The calculation of increment is 3% => Rs.524 x 17days = Rs.8908/- => Rs.8908/- x 3% = Rs.267/-
3. Admin charges @3% being bearable by Employer.
Have a Good Day.
Regards,
Vijjay Das
From India, Raipur
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