Dear All,
Our organization has reached 20 employees. However, all our employees are above the minimum basic salary range of 6500/-. Neither have they registered in PF in their earlier organizations.
I wanted to know if we have Form 11 signed by all our employees stating that they have never been in PF and they are voluntarily opting out of the same, Does the company still need to register??
As per the rule, a company needs to register for PF is there are more than 20 employees. However, if all employees opt out of PF, does the company still have to register?? and what is the procedure for the same??
Please guide me for the same.
Regards,
Salloni
Our organization has reached 20 employees. However, all our employees are above the minimum basic salary range of 6500/-. Neither have they registered in PF in their earlier organizations.
I wanted to know if we have Form 11 signed by all our employees stating that they have never been in PF and they are voluntarily opting out of the same, Does the company still need to register??
As per the rule, a company needs to register for PF is there are more than 20 employees. However, if all employees opt out of PF, does the company still have to register?? and what is the procedure for the same??
Please guide me for the same.
Regards,
Salloni