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Pf deduction for new establishment

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(Querist)
27 October 2011 Dear Sir,
this is a new organization. are we liable to deduct PF of employee having basic+da more that 6500/- per month.

Thank you
Arijeet
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CA.VIDHYADHAR.SUDA

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CA.VIDHYADHAR.SUDA (Expert)
27 October 2011 Not required if no employees are less than 20 and Deduction is applicable only to those who are drawing less than 6500

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