10 Employee Applicable :
The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) on Saturday, 5 2008 approved the reduction of threshold limit for establishments covered under the Employees Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952.
With this, establishments employing even 10 people will be covered under the Act and would have to contribute towards Employees Provident Fund accounts as against the existing 20, barring cooperative institutions functioning without power, where the limit has been reduced from 50 to 20 employees.
This decision was approved at the first meeting of the newly constituted EPF Board which lead by Minister of State for Labour and Employment (independent charge) Oscar Fernandes.
This is the first time in 48 years that the threshold limit has been changed.
And it is not gross. it is 6500 /- (Basic+D.A.) above that it is up to Employer.
21st January 2010 From India, Jaipur