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Provident Fund

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(Querist)
22 March 2010 Hi All,

I want to know whether “EPF Act” attracts on Service Industries. Our Company is providing “Export of IT Services”. But we have employee strength of more than 20. Is it compulsory to register with EPF office ?
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
23 March 2010 EPF Act is not industry/business specific there are no exclusions on that account.If the basic conditions under the EPF Act is fulfilled it will apply automatically unless specificaly exempted.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
23 March 2010 agreed
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
23 March 2010 Agreed.....
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