PF Act applicable to Companies employing 20 or more persons. In our company total number of employees 65. But, only 5 persons' salary is below 15K. All others' salary is more than 15K & therefore they fall under excluded category.
1. Is PF Act applicable now?
2. If management increases those 5 employees' salary more than 15K, will then PF Act be not applicable to our company?
Request experts to kindly clear my doubt.
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