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Providend Fund

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 April 2010 Can any one help me for following;
we are partnership firm having 20 employee in Mumbai my question is can we start "Providend Fund" facility to our firm & what is the procesure for that plz help us as soon as possible...
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
15 April 2010 Yes, you should satrt with the scheme. I saw one article here only. pls use search.
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
15 April 2010 It is far more easier to join the PF under the P F Act than start one of your own
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
15 April 2010 since you reached 20 employees. so mandatory applicablity of PF .You should join
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
15 April 2010 agree with expert

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