Inter Company Transfer Letter
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Hello seniors,I have a situation in our company that requires guidance. We have taken over another company, and the management of these two companies is the same. A major part of the manufacturing process is being shifted to the new company, and as a result, the...
Thanks for the reply, Mr. Shah.For us, we have two different corporate addresses with two different company names. Though we transfer employees, we do not follow any transfer procedure, which means their PF & ESI numbers don't get transferred to the other compan...
Dear Shaswati,First, you need to clarify whether the new company is in the same location. If it is in the same location, the same PF, ESI, and PT numbers can be used; only one letter of information needs to be given to the above authorities. The transfer procedu...
Hi Shaswati,You mentioned that you have both companies under different names. In that case, you will need to follow the transfer procedure. Additionally, you noted that the second company has different PF & ESI numbers for their employees. In your initial post, ...
Finally, the transfer of the account balance took place. The details can be found here: [Transfer of EPF Provident Fund Account / Chartered Accountant / India Point](http://indiapoint.net/ca/2009/11/05/transfer-epf-provident-fund/)
Form 13 shall be submitted in duplicate if the transfer is interregional. In Form 13, no signature of the previous employer is required. It is to be sent to the current employer's EPF office, from where the same will be sent to the previous employer's EPF office...
Kindly send a format of an inter-company transfer letter. The employees need to be transferred from the parent company to the sister company.Thank you.
Intercompany transfer is possible only if the transfer is a part of the terms and conditions of service, or as per the approved standing order of the company, if any, or if agreed upon by the workmen.If the transfer involves distance or some inconvenience such a...
**Eligibility for Gratuity in Inter-Company Transfer Scenario**🔍 To determine your eligibility for gratuity, we need to consider the specifics of your employment history and the relevant labor laws in both the United States and India.📅 **Service Calculation:**...
Dear Sir,I have been working for a company since 1-SEP-2017 and will be leaving on 31-AUG-2022.Firstly, please confirm whether I am eligible to receive gratuity as I have completed exactly 5 years of service.Secondly, the first two years of my service were with ...