Dear Divya,
Employees' Provident Fund and Miscellaneous Provisions Act 1952 is applicable to:
1) Every establishment engaged in any one or more of the industries specified in Schedule I of the Act or any activity notified by the Central Government in the Official Gazette. (List of Industries/Establishments)
2) Employing 20 or more persons.
3) Cinema Theatres employing 5 or more persons.
The Act does not apply to:
Co-operative societies employing fewer than 50 persons and working without the aid of power. 16(1)(a)
The establishment to which this Act applies shall continue to be governed by this Act, even if the number of employees falls below 20 at a later date. [1(5)].
16(1)(b) Establishments under the control of state/central Govt. & employees who are receiving benefits in the nature of 16(1)(b) contributory P.F. or old-age pension as per rules framed by the Govt.
16(1)(c) Establishment set up under any central, provincial, or state act and the employees who are receiving benefits in the nature of contributory P.F. or old-age pension as per rules.
Voluntary Coverage
If any establishment does not satisfy the above two conditions for coverage and if the employer and the majority of employees are willing, the Act may be applicable to such establishment (voluntary coverage under section 1(4)).
So if the employees of your company and the employees want to be covered under the PF Act, then you can.
Regards,
Abhishek