Epf applicability

Others 420 views 1 replies
If an organisation have employees more then 20 but every employee having his basic salary above 6500/- so is there pf applicable. do they have to register for pf ?
Replies (1)

Dear Rajendra

 

Under the provisions of Employees' Provident Fund & Miscellaneous Provisions Act, 1952, any establishment employing 20 or more employees is coverable.

 

Now the question comes that no employee is drawing Rs. 6,500/- or less than as basic and all the employees are excluded employees. For the purpose of coverage of an establishment the Provident Fund Authority count number of employees whether they are included or excluded employees. In this situation your establishment/ company is coverable under the provisions of the Act. But it is mandatory for your establishment to pay the minimum charges Rs. 5/- under Account No. 2, and Rs. 2/- under Account No. 22.

 

Thanks & Regards

Suraj pahuja

pahujasuraj & associates

 


CCI Pro

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