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Provident fund for employees of a startup company

Pvt ltd 1322 views 1 replies

For a new Startup Pvt Ltd company - which has hardly begun operations, and has only 4 employees on rolls. Does it have to pay (govt) Provident Fund for employees?

Most of these employees have minimal salary on account of startup nature of this company.

Please advice.

Thanks

Replies (1)

PF Act applies only to establishments employing 20 or more persons.

 


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