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Provident fund

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CA Final
1368 Points Posted on 30 October 2012

Is a partnership firm engaged trading of tools & machines & allied repair & maintenance service required to maintain Provident Fund?

 

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On 30 October 2012 at 13:51 Report
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Accountant
1500 Points Posted on 30 October 2012

 

 

EMPLOYEES’ PROVIDENT FUNDS SCHEME, 1952 
[SRO 1509, dated 2-9-1952] 
In exercise of the powers conferred by section 5 of the Employees’ Provident  
Funds Act, 1952 (19 of 1952), the Central Government hereby frames the 
following Employees’ Provident Funds Scheme, 1952, namely:— 

 

(xxiv) as respects every trading and commercial establishment 
engaged in the purchase, sale or storage of any goods including 
establishments of exporters, importers, advertisers, commission 
agents and brokers, and commodity and stock exchanges, but not 
including banks or warehouses established under any Central or State 
Act, covered by the notification of the Government of India in the 
Ministry of Labour and Employment, No. G.S.R. 346, dated the 7th 
March, 1962, come into force on the 30th day of April, 1962;
 
 
Please refer this.
 
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On 30 October 2012 at 15:12


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