A Company which is employing _______ number of employees are required to have a PPF account.

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Solution

The correct option is C 20
A Company which is employing 20 number of employees are required to have a PPF account as per the Employee's Provident Funds Act, 1952 registration under EPF is compulsory in the following cases:
1. All the factories engaged in an industry employing 20 or more employees.
2. All the establishments having 20 or more employees during the previous year.
3. All the employee who is getting less than INR 15000/- per month.
Thus the correct answer is C.

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