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Provident Fund Applicability (Others)

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This query is : Resolved

( Querist )
07 May 2010

a Company is employed more than 20 employees however not registered with Provident Fund Act. The understanding is since all the employees earning more than the limit of Rs.6500/- thus PF is not applicable. Thus no deduction from employee and employer contribution is required.

Is this is right. Is the Act permits?
If No? what are penalities company may face.

Gajendra R. Tiwari

( Expert )
07 May 2010

Kindly go to the following link for answer as it is already been answered by our experts.



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