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No. The government has the Employee Provident Fund which is mandatory for all employees of companies in India
I dont think so. Every individual who is the employee of a company has to get provident fund. So, in your case I doubt that.
No. After an employee resigns, the money has to be either paid out to the employee or transferred to his new employer - as per the request of the employee
No, the Provident Fund (PF) contribution is not directly deducted from the employee's salary. Instead, it is a statutory benefit where both the employer and employee contribute a percentage of the employee's basic salary to the Provident Fund account. The employer's contribution is a separate contribution made by the company, while the employee's portion is typically deducted from their salary before it is disbursed.
No, it is not required. You need to pay provident fund only to people who are regular employees and not people who have left the company or absconded.
it is required about how many employees work in a company
If you are part of the National Provident Fund - You can visit your nearest EPF office or try to check your balance online in the EPF website. If your company has thousands of employees and has its own PF fund, then you need to contact your employer
how many staff should e in a company to start provident fund
First, a company can not garnish an employee's wages. A court order is required to begin a garnishment of wages which a company is legally required to follow. Federal law mandates that a maximum of 60% of an employee's income can be garnished. This amount is determined by a judge and varies from situation to situation.
No
Unum
The required number of digits for an employee ID number varies depending on the company's system, but it is typically between 4 to 8 digits.