Dear Seniors,
I am working with an IT company of current employee size of 18.
We are not registered under EPF as the basic salary of every employee is above Rs. 6500/-. But now as the ceiling is raised to Rs. 15000/- one of our employees is falling under this slab. As per my understanding, as we are below 20 in employee count we are not bound to get registered under EPF.
But, from the employee data base,I got to know that once we reached at 22 count but as no one was under 6500/- slab we didn't get registered.
From some one I heard that even if once the employee size reach 20 an organization has to be get registered under EPF, is it correct?
I read the Act and researched on this Cite but didn't get the answer.
Are we legally liable to get registered? Please advise.
Regards,
Riya
I am working with an IT company of current employee size of 18.
We are not registered under EPF as the basic salary of every employee is above Rs. 6500/-. But now as the ceiling is raised to Rs. 15000/- one of our employees is falling under this slab. As per my understanding, as we are below 20 in employee count we are not bound to get registered under EPF.
But, from the employee data base,I got to know that once we reached at 22 count but as no one was under 6500/- slab we didn't get registered.
From some one I heard that even if once the employee size reach 20 an organization has to be get registered under EPF, is it correct?
I read the Act and researched on this Cite but didn't get the answer.
Are we legally liable to get registered? Please advise.
Regards,
Riya