Employee PF

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2010 A Pvt Ltd Company Engaged in Trading Business/Department Store.

Now Sales man are Their, They Come & Work For 2-3 Months & Then Leave Job.

Weather They are Counted Under PF For Fulfilling Condition of 20 Or More Person For Applying PF.

09 September 2010
Dear Anonymous,


For New Entrants:
• Enrolment: An employee is eligible for membership from the day he joins the covered establishment.
• If the employee’s emoluments exceed Rs. 6,500/- per month, he has the option to join the Scheme(s) with the consent of employer.
• Declare previous employment details, if any, in Form No. 11 to the employer.
• On becoming a member of the Schemes file details in Form No. 2 ( family particulars/ nominations) through the employer.
• Rate of contribution payable by a member shall be @ 12% of his emoluments.
• A member can contribute statutarily over and above the prescribed rate.
For Existing Members:
• Enrolment:
• Any change in the family status, such as, -

o marriage of the member.
o additions / deletion in the family.
o Legal adoption of the children.
o Change of nominee, is to be filed in Form No. 2 through the employer.
• In the event the member is holding a Scheme Certificate (under EPS, 95), he should surrender the same to the concerned EPFO office, through his employer.
• A member is entitled to various benefits & facilities such as withdrawals, advances, pensions, death insurance etc.


Coverage
• Establishments employing 20 or more persons and engaged in any of the 180 industries / Classes of Businesses specified.
• Co-operative Societies, employing 50 or more persons & working without the aid of power.
• Establishments not coverable statutorily can come under the coverage of the Act statutorily.
• An establishment continues to be covered under the Act, irrespective of the fall in the employment strength.
• Since the Act applies on its own force to the establishments, the employers are required to file the particulars in the specified format for registration and allotment of business number.

For more info: - http://www.epfindia.com/faq.htm
http://www.epfindia.com/legel_provision.htm
Regards,

09 September 2010 Yes... the moment a person joins, he is eligible for PF.


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2010 I M Asking That If A Employee Have Less than 6500/- Basic salary Then Weather He is counted Under Criteria of 20 Person or More.

& If Any Sales Commission is paid Then Also The Commission (Not Fixed) is to Be Include in Rs. 6500/-

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2010 Dear Experts,
Please Look to My Comment,

09 September 2010 yes. In PF number of employee calculation is total employees. not for only the basic wages less than Rs.6500.

Also as per PF act Employed 20 or more perons in any day of preceeding 12 months. so PF applicable to your employees



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