Jeevarathnam
Sr. Manager Hr/admin
+2 Others

Thread Started by #Sandhya_7907

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
13th October 2015 From India, Secunderabad
Yes, You can enroll for both ESI & EPF as voluntary enrolment if the management decides to offer benefits to employees
14th October 2015 From 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).
16th October 2015 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
17th October 2015 From India, Delhi
Dear All in my reply , for the coverage under ESI I have mentioned 20 employees , , it be read as TEN , sorry for the inconvenience . RL Dhingra ,Advocate, Labour Law Consultant,Delhi 09818309937
18th October 2015 From India, Delhi
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