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Does provident fund applicable for outsourcing companies?

Updated: 11/9/2022

Wiki User

∙ 15y ago

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It is applicable for all companies that have more than 20 employees on their payroll.

Wiki User

∙ 15y ago

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Related questions

Whether Provident fund is applicable on Special Allowance declared by state of Maharashtra?

No

Does the company or union decide witch Provident Fund to have in a company?

No. The government has the Employee Provident Fund which is mandatory for all employees of companies in India

When was Central Provident Fund created?

Central Provident Fund was created in 1955.

What is the interest rate on unrecognized provident fund?

There is no such thing as an Unrecognized provident fund. The rate of interest on provident fund in India is 8.6% per year

Which one is better between voluntary provident fund and public provident fund?

VPF

How many FDI in provident fund?

None. The Indian government does not allow FID in provident fund

Is there necessary to sign of previous employer to get provident fund?

Yes. The Employers signature/attestation is required to get the provident fund

What is the expansion of pF?

Provident Fund

Can you deduct provident fund on conveyance?

No

When provident fund is implemented?

1952

Is Government Provident Fund money falls into Riba category?

Yes, the interest paid by provident fund will fall into riba category

How many staff should be in a company to start provident fund?

how many staff should e in a company to start provident fund

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