16 December 2010
Dear Experts, I have the following queries w.r.t. Provident Fund. Please help me out. 1. When does the Provident Fund applies to a company? 2. What is the amount upto which the company has to mandatorily deduct Provident Fund to each employee? 3. The company should also make PF contribution to contract labourers? 4. What is the % of salary the company has to contribute to each employees? 5. what are the components of salary to be considered for contributing Provident Fund. Thanks & Regards, Rajesh.