Provident Fund

This query is : Resolved 

11 August 2009 Dear Sirs,
As per the latest rules a company that has less than 20 employees are exempt from deducting and remitting Provident Fund.

My query is when this company increases its strength to more than 20 employees after a period of 4 years, will the liability to pay PF be with restrospective effect (from the beginning) or prospective effect (from the date of increase in strength).

Regards
S. Anand

11 August 2009 prospective effect (from the date of increase in strength).

12 August 2009 Thank You Sir
Reg
S. Anand


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