quesDo i need to provide Provident Fund for 4 employee?

I am wiling to start a new company. I am planning to hire 4 people at a monthly salary of 20,000 per month. Do i need to deduct and deposit provident fund for the same?

  • ansThe Provident Fund Act of 1952 is applicable in case number of employees are more than 20.

    Since the number of employees would be only 4 provisions of the act would not be applicable.

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