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PF system

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(Querist)
30 April 2021 Sir / Mam
An individual runs transport business with 25 drivers and 3 Managers. Here, the Provident fund system will be applicable?

Guide me plz
thanks in adv
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CMA Poornima Madhava

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CMA Poornima Madhava (Expert)
30 April 2021 Yes, because the no. of employees exceeds the threshold limit of 20 except when salary of all the employees are more than 15k pm.

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