Contract worker recoveries and employer contributions are to be reported monthly in Form XII by the principal employer. Form XII is a monthly abstract to be furnished by the principal employer showing aggregate recoveries from contract workers and employer's contributions. ... Summary
Contract worker recoveries and employer contributions are to be reported monthly in Form XII by the principal employer.
Form XII is a monthly abstract to be furnished by the principal employer showing aggregate recoveries from contract workers and employer's contributions. It captures establishment particulars, the number of contractors and contract workers, and a contractor-wise statement of employee recoveries, amounts payable, and payment details by the contractor and the principal employer for any balance dues. The figures are compiled from Form XI statements received from each contractor, and the principal employer must declare the information to be correct and true to the best of knowledge.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.