Employee provident fund
Querist : Anonymous
What I feel not to have any limit on employee count..
But there is limit i guess because admin cost would be high for PF.
Rgds
Use thank button to convey your appreciation.
Querist : Anonymous
But i think you look only one face of coin..
If you are thinking employee point of view or country revenue point of view, it's a very helpful and good sir.
As per EPF Act, 1952, the provision of section such Act will not apply to establishment employing less than twenty persons.
Do you know how much idle money is lying with PF dept idle, neither employee is aware that it their monet nor PF dept tried contacting employee to collect the same.
And after some time they stop paying Interest on the deposits.
Rgds//Vaibhav
Use thank button to convey your appreciation.
Querist : Anonymous
I know that as per the provision this is applicable when 20 or more person employed in any establishment..But here i want to know your opinion if the act is applicable on 10 instead of 20..
Querist : Anonymous
I know that some employees are not aware the withdrawing procedure of epf but here question is not that howmuch money is lying idle in PF Account?
Dear i want to know your opinion and why are you said that epf should not applicable on 10 people? only your opinion Sir..
Querist : Anonymous
How can you say that this is the expense for the company?
It's the facility which is given by the company to employee for more encourage his work..
Its the beneficial for company because employee is motivate with regards your work...
If you said this is expense than salary is also expense sir..
As i alredy said there should be no limit however lower limit is also OK..
Rgds//Vaibhav
Use thank button to convey your appreciation.
Querist : Anonymous
I need a specific reason if you said lower limit is also ok? and viceversa
10 is ok.
Rgds//Vaibhav
Use thank button to convey your appreciation.
If it is beneficial to employee above 10, then why an individial should deprive of benefit simply because no. of employee is belowe threshhold limit.
Rgds//Vaibhav
Use thank button to convey your appreciation.
Querist : Anonymous
I need a specific reason..
Click here to login now
Similar Resolved Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
