Dear All,
Let's put it in the following manner :-
1. Company having less than 20 employees are not coming under the perview of PF statute hence he is not duty bound to cover his employees under PF. If the employees insist for PF coverage as a good gesture the employer may agree but the decision is entirely employer's own.
2. Company having more than 20 employees are are bound to cover employees under PF. There my be employees with basic + DA below Rs 6500 and employees with basic + DA more than Rs 6500/- . While PF coverage for the employees with Rs 6500/- is a must the other category with over Rs 6500/- is optional.
3. If an employee was covered under PF with his previous employer, now joining a company with a basic + DA over Rs 6500/- will be covered under the PF statute.
4. If the employee strength of an organisation comes down below 20 say from 60 to 15even then the employer will have to contribute to PF for the remaining employees.
The Regional PF Commissioner may take legal action againast an employer for non compliance & violation of Act.
Let's put it in the following manner :-
1. Company having less than 20 employees are not coming under the perview of PF statute hence he is not duty bound to cover his employees under PF. If the employees insist for PF coverage as a good gesture the employer may agree but the decision is entirely employer's own.
2. Company having more than 20 employees are are bound to cover employees under PF. There my be employees with basic + DA below Rs 6500 and employees with basic + DA more than Rs 6500/- . While PF coverage for the employees with Rs 6500/- is a must the other category with over Rs 6500/- is optional.
3. If an employee was covered under PF with his previous employer, now joining a company with a basic + DA over Rs 6500/- will be covered under the PF statute.
4. If the employee strength of an organisation comes down below 20 say from 60 to 15even then the employer will have to contribute to PF for the remaining employees.
The Regional PF Commissioner may take legal action againast an employer for non compliance & violation of Act.