Dear member
Please Confirm wheather new establishment are exempt from pf for first 5 year or there is any condition with the same.
thanks in advance
CA Shruti Gupta (CMA FINAL CS Final) (1434 Points)
05 October 2015Dear member
Please Confirm wheather new establishment are exempt from pf for first 5 year or there is any condition with the same.
thanks in advance
shivaji prasad bhimavarapu
(CHARTERED ACCOUNTANT)
(2391 Points)
Replied 25 October 2015
EPF is applicable if the number of employees in an establishment are 20 or more irresepctive of firtst 5 years, to the best of my kbowledge. The time period of 5 years applies to Bouns inder payment of bonus Act.
shivaji prasad bhimavarapu
(CHARTERED ACCOUNTANT)
(2391 Points)
Replied 25 October 2015
EPF is applicable if the number of employees in an establishment are 20 or more irresepctive of firtst 5 years, to the best of my kbowledge. The time period of 5 years applies to Bouns under payment of bonus Act.
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