Dear All
We are a Proprietary Concern & Now we are suppose to raise our man power from 15 to 25 employee. I have heard that from 20 employee onward PF is compulsory. I would like to know about basic liability for provident fund, Is it compulsory or optional.?
18th January 2014 From India, Pune
Pf liability is mandatory if the employee is crossed 20 of above.
total 12% of EMPLOYEES Basic Pay + D.A
Employers Share 12%
other charges 1.67%
you have to pay over and above to maintain various registers as per the provisions of EPF ACt.
feel free to ask any clarification.
Adv.Kishor Goswami (Sr. Lawyer)
(Mumbai )
(Labour Law & Legal Consultants)
Mob :- 09324338587
6th April 2014
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™