Dear Mr. Balakrishna,
The issue was replied to the point by Mr. Varghese Mathew and Mr. Korgaonkar.
However, the discussion is diverted to various other avenues of savings. But in any case, unless your employer is ready to enrol these employees as members and take the liability of compliance of the provisions of EPF & MP Act, there is no scope for them to save through VPF.
Regards
The issue was replied to the point by Mr. Varghese Mathew and Mr. Korgaonkar.
However, the discussion is diverted to various other avenues of savings. But in any case, unless your employer is ready to enrol these employees as members and take the liability of compliance of the provisions of EPF & MP Act, there is no scope for them to save through VPF.
Regards