About PF Applicability

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

MOHAMMED JASEEL

MOHAMMED JASEEL (Querist)

09 December 2016 whether PF applicable for contract workers? how can treat this expense in our accounts?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 December 2016 PF applicable to contract workers. Treat it as a part of payment for works.

CA Suresh Jain

CA Suresh Jain (Expert)

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

Sandeep Dharar

Sandeep Dharar (Expert)

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.

MOHAMMED JASEEL

MOHAMMED JASEEL (Querist)

14 December 2016 Thanks to all

MOHAMMED JASEEL

MOHAMMED JASEEL (Querist)

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 ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

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