Coverage under PF Act:
Total staff strength of our organization is 22 nos. out of which only two person is drawing Basic + DA Rs. 6500/- p.m. & others are drawing more than Rs. 6500/- p.m. as Basic + DA.
I would request my seniors to advise me as to whether our organization will be required to take Registration under Providend Fund & Misc Act. since the number exceeded 20 & above. In the event, if we are covered under the PF Act, only two employees will be covered on account of payment of PF contribution & rest employees are outside the purview of PF Act since they are drawing more than Rs. 6500/- p.m.
Total staff strength of our organization is 22 nos. out of which only two person is drawing Basic + DA Rs. 6500/- p.m. & others are drawing more than Rs. 6500/- p.m. as Basic + DA.
I would request my seniors to advise me as to whether our organization will be required to take Registration under Providend Fund & Misc Act. since the number exceeded 20 & above. In the event, if we are covered under the PF Act, only two employees will be covered on account of payment of PF contribution & rest employees are outside the purview of PF Act since they are drawing more than Rs. 6500/- p.m.