if a proprietorship firm engaged in software business having more than 20 employees is compulsorily required to deduct pf from the employees salary, given only 9-10 employees are having basic salary less than 6,500.
nidhi agrawal (chartered accountant) (76 Points)
02 March 2012if a proprietorship firm engaged in software business having more than 20 employees is compulsorily required to deduct pf from the employees salary, given only 9-10 employees are having basic salary less than 6,500.
Vaibhav Jandey
(Life iz Hard; I'm Harder)
(1175 Points)
Replied 02 March 2012
YEAH THE PF IS TO BE DEDUCTED.