About PF Applicability
This query is : Resolved
09 December 2016
whether PF applicable for contract workers? how can treat this expense in our accounts?
09 December 2016
PF applicable to contract workers. Treat it as a part of payment for works.
09 December 2016
If you are paying wages directly to Workers (contract workers) deduct PF from them and deposit alongwith your contribution etc. The accounting entry is same as that of PF in case of your own workers. If payment is made to Contractor and he is liable to pay the workers then pay the contractor as per your agreement but ensure that PF (employee and employer contribution) is deposited by the Contractor.
Message likes :
1 times
09 December 2016
If the contract employees are directly employed by u, then u must deduct and deposit PF. The treatment will be same as of ur other employees(workers). But if there is involvement of any sub-contractor, then u r not responsible to deduct PF of the workers.
14 December 2016
Thanks to all
14 December 2016
in case of PF registration, How can calculate number of employees in the estanlishment? whether employees salaries above 15000 including this part or not ?
14 December 2016
Employees above 15000 not to be included.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Sale of property furniture sale
- Applicability of Tax audit u/s 44AB of income tax act, 1961
- Question about eligibility for tax rebate u/s 87A
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
Trending Online Classes
CAclubindia
