Is there any limit on number of employees for PT applicability? In the sense, if the number of employees exceeds 10, PF gets applicable Likewise, is there any condition for PT applicability?
Please clarify this query asap.
2 Replies
CA Hemant T Dewani
(Chartered Accountant)
(3356 Points)
Replied 24 July 2008
if payment to an employee/s in excess of rs 2500/-in any month you will liable to pt there is no any specific exemption of number of employees
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