Hello, I am a Human Resources professional from London. My company has opened a new office in India, and I am required to set up a new Provident Fund for the employees.
Does anybody have information on how I can do this? Which companies should I talk to?
Thank you,
Mitesh
From United Kingdom, London
Acknowledge(0)
Amend(0)
Does anybody have information on how I can do this? Which companies should I talk to?
Thank you,
Mitesh
From United Kingdom, London
Acknowledge(0)Amend(0)
Hi Mitesh,
You can directly deduct 12% from the employee and 13.61% from the employer, and make a DD for the same in the name of SBI A/c EPF A/c. Then, you fill out the PF Form 9 for the employee's name and submit it to the PF Authorities. You will receive the PF No. within a month.
Otherwise, you should contact the Employer Federation of South India at
. If you contact this email ID, they will help you.
Thanks & Regards,
R. Vivek
9840867984
From India, Madras
Acknowledge(0)Amend(0)
You can directly deduct 12% from the employee and 13.61% from the employer, and make a DD for the same in the name of SBI A/c EPF A/c. Then, you fill out the PF Form 9 for the employee's name and submit it to the PF Authorities. You will receive the PF No. within a month.
Otherwise, you should contact the Employer Federation of South India at
Thanks & Regards,
R. Vivek
9840867984
From India, Madras
Acknowledge(0)Amend(0)
Dear Mitesh,
If your company is opening a branch in India, it would be better for you to conduct an interview and appoint a person as HR (from that area) who will take care of all legal matters, including PF, due to the many formalities in government offices. Another option you have is to consider consultancy or outsourcing.
Thanks & Regards,
Pradeep Kumar
09719131222
From India, Bangalore
Acknowledge(0)Amend(0)
If your company is opening a branch in India, it would be better for you to conduct an interview and appoint a person as HR (from that area) who will take care of all legal matters, including PF, due to the many formalities in government offices. Another option you have is to consider consultancy or outsourcing.
Thanks & Regards,
Pradeep Kumar
09719131222
From India, Bangalore
Acknowledge(0)Amend(0)
Sir,
Please visit the EPFO website or contact your local PF office to submit the application for EPF code along with the list of employees, wages, date of joining, and relevant documents such as company/office address proof. They will contact you within a week to start working on this issue. You can also directly contact the PF inspector in your factory office area.
From India, Faridabad
Acknowledge(0)Amend(0)
2Please visit the EPFO website or contact your local PF office to submit the application for EPF code along with the list of employees, wages, date of joining, and relevant documents such as company/office address proof. They will contact you within a week to start working on this issue. You can also directly contact the PF inspector in your factory office area.
From India, Faridabad
Acknowledge(0)Amend(0)
Dear Mitesh,
It is really true that you need to appoint an HR person who can handle all HR activities in India. This person should be able to manage all statutory work such as PF, ESIC, AMC, etc. If you need any help related to ESIC or PF, especially in Mumbai, India, please let me know. I work as an HR professional and I may be able to assist you.
Regards,
Jyoti Chitambare
09987290790
From India, Mumbai
Acknowledge(0)Amend(0)
It is really true that you need to appoint an HR person who can handle all HR activities in India. This person should be able to manage all statutory work such as PF, ESIC, AMC, etc. If you need any help related to ESIC or PF, especially in Mumbai, India, please let me know. I work as an HR professional and I may be able to assist you.
Regards,
Jyoti Chitambare
09987290790
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Mitesh,
I can help you with PF matters provided you have opened an office in New Delhi. Please note, all employees whose basic + DA (Dearness Allowance) salary is less than Rs. 6500 are required to be covered under this act. Moreover, even those drawing more than this can also be provided with this facility, but it is not compulsory for them.
All organizations using power and employing a minimum of 10 employees need to apply for the PF Membership. In case you do not use power, a minimum of 20 employees is required.
If you need any assistance, please write to me at gaggan_sahni@hotmail.com or visit the EPFO website. Hope this information is useful for you.
From United Kingdom
Acknowledge(0)Amend(0)
I can help you with PF matters provided you have opened an office in New Delhi. Please note, all employees whose basic + DA (Dearness Allowance) salary is less than Rs. 6500 are required to be covered under this act. Moreover, even those drawing more than this can also be provided with this facility, but it is not compulsory for them.
All organizations using power and employing a minimum of 10 employees need to apply for the PF Membership. In case you do not use power, a minimum of 20 employees is required.
If you need any assistance, please write to me at gaggan_sahni@hotmail.com or visit the EPFO website. Hope this information is useful for you.
From United Kingdom
Acknowledge(0)Amend(0)
Hi Mitesh, Pls. let me know which part of the country your company has started this new office. regards,
From India, Pondicherry
Acknowledge(0)Amend(0)
From India, Pondicherry
Acknowledge(0)Amend(0)
Dear Mitesh,
Fellow citehr members have given you a lot of advice; further, I want to highlight a few points.
- In the case of India, employers do not have to set up Provident Fund. There is an Employees Provident Fund Organisation set up by the government under the Provident Fund Act, and employers have to register with EPFO and complete all the compliances and payments of contributions. This registration is not very difficult, and one can use the services of consultants or even do it on their own.
- Apart from PF Registration, there will be other registrations and compliances needed such as ESIC, Professional Tax, Factories Act, Shop & Establishments Act, etc. I suggest you ensure all compliances from day one. Maybe you can negotiate a package with a legal consultant for all compliances.
Thanks & Regards
From India, Pune
Acknowledge(0)Amend(0)
Fellow citehr members have given you a lot of advice; further, I want to highlight a few points.
- In the case of India, employers do not have to set up Provident Fund. There is an Employees Provident Fund Organisation set up by the government under the Provident Fund Act, and employers have to register with EPFO and complete all the compliances and payments of contributions. This registration is not very difficult, and one can use the services of consultants or even do it on their own.
- Apart from PF Registration, there will be other registrations and compliances needed such as ESIC, Professional Tax, Factories Act, Shop & Establishments Act, etc. I suggest you ensure all compliances from day one. Maybe you can negotiate a package with a legal consultant for all compliances.
Thanks & Regards
From India, Pune
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Provident fund.zip
PROVIDENT FUND.rar
PROVIDENT FUND.doc