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
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
