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Pf applicability urgent

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(Querist)
30 December 2016 A firm have 25 employees

15 employees have salary of Rs.30,000 per month
10 employees have salary of Rs.10,000 per month

Whether PF act is applicable to firm?
If applicable whether liable to deduct PF on all employees or on 10 employees only?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 December 2016 1 PF Act is applicable to the firm.
2 Deduct PF on 10 employees only.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
30 December 2016 Yes, PF is applicable, salary means BASIC Salary if it exceeds Rs.15000/- claim PF exemption for above employees exceed above Rs.15000/-Basic salary.
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