Is It PF Compulsory For Every 20 & Abv Employee Organisa

prasadmenon2_in
Hi, I am having only 5 employees can I deduct PF. I want to deduct PF.
kpm
in a very simple language , if your company has 20 employees but out of which 5 employees earn basic more than 6500 then Provident Fund is not applicable to your company ,
for more clarification mail me at [Login to view]
Regards
Chandrakant V.
9820592842
( Provident Fund, ESIC, Contract Labour , MLWF, PT Consultant)[/quote]
ysharma4u
If any company has caressed the minimum limit of employees applicable for PF registration then you can not avoid the same just because you are not intrested to participate in this scheme. since you have coursed the limit of 19 employee from that day you are liable to pay PF dues. Just do one thing submit a application for registration along with the consent letter from all employees stating that they are not interested to participate in the scheme.
but still you you are liable to pay PF minimum admin charges of RS. 2 & Rs. even your single employee is not interested in PF scheme.
Regards,
Yogesh
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