Provident fund

CMA Poornima Madhava

CMA

13117 Points Posted on 26 June 2015

As per EPF Act, “employee” means any person who is employed for wages in any kind of work, manual or otherwise, in or in connection with the work of an establishment and who gets his wages directly or indirectly from the employer, and includes any person:

(i) employed by or through a contractor in or in connection with the work of the establishment;

(ii) engaged as an apprentice, not being an apprentice engaged under the Apprentices Act, 1961 (52 of 1961) or under the standing orders of the establishment.

Hence he shall be included for the purpose of PF I think.

Jolly

student

41 Points Posted on 26 June 2015

I think....Consultancy charges need not attrect the provision of PF....

ajit hegde

article

82 Points Posted on 27 June 2015

CA appointed as a consultant doesnt fall under the defination of "employee". Hence pf provision is not required in my opinion.

ajit hegde

article

82 Points Posted on 27 June 2015

CA appointed as a consultant doesnt fall under the defination of "employee". Hence pf provision is not required in my opinion.

CMA Poornima Madhava

CMA

13117 Points Posted on 27 June 2015

Sorry, typo, he shall NOT be included for the purpose of PF

chandru

audit assistant

33 Points Posted on 28 June 2015

Thanks all experts for it kind reply.....

nagendra.s

accountant

69 Points Posted on 28 June 2015

Dear experts Any answer tell with confidance U say in my opinion this is not correct

karthik b K

ca student

21 Points Posted on 29 June 2015

There is no employer and employee relationship,it is only a contract between two principles,as the chartered accountant is holding a COP,hence PF act is not applicable to him.