provident fund

Querist : Anonymous (Querist) 04 October 2010 This query is : Resolved
An educational institution was covered by the PF Organisation without the institution applied for the same. Please let me know whether the Provident Fund Organisation has right to claim PF contributions and penalise the organisation after 25 years. Please note that during the last 25 years there was no inspection / correspondence. Kindly advise

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aman kumar (Expert) 04 October 2010
it is mandatory to deposit pf amount of your intt.Provident Fund Organisation has right to claim PF contributions and penalise the organisation ,

Querist : Anonymous (Querist) 04 October 2010
I fully agree with you that it is mandatory if the organisation is applied and got code no. But my point is the organisation has never applied for registration. The PF organisation themselves allotted a code on a survey about 26 years ago. If they had registered how they have not verified compliance in the last 26 years even once and not a single correspondence from them. Can they now do it claiming contributions with interest/damages.

Kirti Kar Tripathi (Expert) 04 October 2010
I agree with aman. However, I want to add that earlier the educational institutions were not covered in this list of establishment on which the EPF Act was applicable] Lateran the act was made applicable. in case, the establishment was existing prior to the sate of applicability of the act, the compliance of the act is mandatory from the date on which the act was made applicable, whether it has been allotted code no. or not.

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