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Provident fund

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(Querist)
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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@VaibhavJ

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@VaibhavJ (Expert)
30 October 2012 Hi

PF is applicable when firm employs 20 or more eligible employee.

Rgds//Vaibhav
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Souvik Kumar Ghosh

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Souvik Kumar Ghosh (Querist)
30 October 2012 Is more than 20 employees the only criteria the firm must satisfy?
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@VaibhavJ

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@VaibhavJ (Expert)
30 October 2012 Hi

Yes it is 20 or more eligible employees.

Eligible employees means an employee drawing Basic + DA more then 6500 pm.

Rgds//Vaibhav
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