Is PF Registration Necessary for Our Small Team Earning Above ₹6,500 Monthly?

We are a new organization with about 35 employees. No one is earning less than ₹7,000 per month, and no employee is asking for Provident Fund (PF), nor have they had PF before.

Question About PF Registration

I understand that it is not mandatory to pay PF if the salary is above ₹6,500 and if the employee does not request it. However, do I still need to register for PF?

Someone told me that it costs about ₹30,000 for PF registration. Is this true?

Regards,

If you register yourself for PF Registrations, the costs are "0," and all the applications you submit can be obtained free of charge from the PF office. If you go through a consultant, they may charge according to their discretion.

Suggestion: If you have employees covered under PF or not, you should register and file Nil Monthly Returns online.

In case the organization has 35 employees and no one is earning less than ₹15,000 per month, my question is whether we need to register for ESI. I am aware that it is not mandatory to pay ESI if the salary is above ₹15,000. Do we still need to register for ESI and file monthly returns?

Thank you.

Please refer to the FAQs at this link. The following categories are excluded from enrollment: individuals who are earning more than Rs. 6500 at the time of joining. An employee who was earning a lower amount when joining and whose pay subsequently increased to over Rs. 6500 is required to remain a member, regardless of their salary.

Therefore, if all my employees earn above Rs. 6500 per month and have never been enrolled in EPF before, I believe there is no need to enroll any of them.

PF Registration Requirement for High-Salary Employees

No need to maintain a register for PF if all your employees' salaries are above 6,500.