banner_ad

Provision of Provident Fund

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 June 2009 One private ltd co earlier was comploying with provision of Prov Fund Act as it had more than 20 employees. However during the year their no. of employees have been reduced to less than 20(6 employees). So can they discontinue complying with this act? If so can anybody tell me what is procedure to do so?
Profile Image

M Prabhakar Menon

Profile Image

M Prabhakar Menon (Expert)
25 June 2009 No u cannot discontinue
Profile Image

Tukaram Desai

Profile Image

Tukaram Desai (Querist)
26 June 2009 Thanks.
But suppose all employees themselves want to withdraw from provident fund scheme for their current need can still company has to deduct PF amount from their salaries in future
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details