Hi,
We are a new organization with about 35 employees. No one is getting less than 7000/- per month, and no employee is asking for PF, and neither have they had PF before.
So, my question is that I know that it is not mandatory to pay PF if salary is above 6.5K, and if employee does not ask for it, BUT do I need to register for PF?
Someone told me that it costs about 30,000 for PF registration. Is this true?
We are a new organization with about 35 employees. No one is getting less than 7000/- per month, and no employee is asking for PF, and neither have they had PF before.
So, my question is that I know that it is not mandatory to pay PF if salary is above 6.5K, and if employee does not ask for it, BUT do I need to register for PF?
Someone told me that it costs about 30,000 for PF registration. Is this true?