Applicability of Provident Fund
1. Factories in Designated Industries: This includes any factory involved in industries specified in Schedule 1, provided it employs 20 or more individuals.
2. Other Establishments with 20 or more Employees: Any establishment, apart from factories, that employs 20 or more individuals, or a specific class of such establishments as notified by the Central Government.
3. Special Notification for Smaller Establishments: The Central Government can notify any other establishment, even if it employs less than 20 persons, thereby extending the applicability of the Act.