Hello everyone, May I know whether PF is applicable to a pvt. ltd., company where 18 people are working ( drawing Rs.10,000/- and above) and is more than 5 yrs old ? Thanx in adv. ravi karumuri
Hi, If the employer wish to cover the organisation they can do so by giving declaration that the two employee whose baisc is more than Rs 10000/- and are exempted to become member of the PF organisation.
In my organisation I looked afte4rt the total PF return and all the necesary documentation. We have done in the same way.
If the no. of employees = 20 with basic salary = 6500/- p.m or below - Its mandatory to get the organisation registered under PF and for the rest of the employees it can be voluntary.
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