Provident Fund on Directors


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(Querist)
21 October 2008 Can any one suggest me what is the status of application of Provident fund on directors. Whether it is exempt or applicable.

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Guest (Expert)
22 October 2008 the PF is applicable on salary basis whether he is direcor or not.
if the basic salary is less then 6500/- then PF will be applicable or once the liability of PF is applicable then it will be for life time.

22 October 2008 Support the above answer.


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