We are a newly launched company with 5 people. How do we go about with PF contribution for employees and can we have an employer account for it. Thanks
From India, Secunderabad
From India, Secunderabad
Yes, You can enroll for both ESI & EPF as voluntary enrolment if the management decides to offer benefits to employees
From India, Bangalore
633From India, Bangalore
There is no provision for voluntary coverage under ESI scheme.But you can go for it under EPF Act. under Section 1 (4).
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Dear Sandhya ,
The minimum number of employees for coverage of establishment under EPF&MP Act 1952 is 20. However you can have voluntary coverage.Once covered establishment will remain covered even if the strength goes down to one.Compliance will have to be done regularly. In ESI Act 1948 there is provision for voluntary coverage unless establishment has twenty employees.
Honestly I will advise you not go for voluntary coverage. Do not invite AAA BAAIL MUJHE MAAR.
With Regards
RL Dhingra ,Advocate,
Labour Law Consultant,Delhi
09818309937
From India, Delhi
The minimum number of employees for coverage of establishment under EPF&MP Act 1952 is 20. However you can have voluntary coverage.Once covered establishment will remain covered even if the strength goes down to one.Compliance will have to be done regularly. In ESI Act 1948 there is provision for voluntary coverage unless establishment has twenty employees.
Honestly I will advise you not go for voluntary coverage. Do not invite AAA BAAIL MUJHE MAAR.
With Regards
RL Dhingra ,Advocate,
Labour Law Consultant,Delhi
09818309937
From India, Delhi
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