Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
what is private PF trust pros and cos?
From India , Rajkot
If an establishment is covered under the provisions of Employees' Provident Fund & Miscellaneous Provisions Act, the provisions under the Act are applicable.
However, such an establishment desiring to have its own Trust, has to frame its own scheme and seek exemption from the provisions of the Act and Scheme. This requires a very long drawn procedure, and the establishment has to satisfy that it is offering benefits which are better and not inferior to the provisions under the Act.These establishments have to file their returns and they are subject to inspections by the Provident Fund Authorities.

From India , Nagpur
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™