New Company Owners: Are You Really Exempt from Provident Fund Compliance for Three Years?

Jatin Gada
I have started a private limited company one year ago. Is a new organization exempt from meeting PF compliance for three years? Is this true?
jeevarathnam
Hi,

No, that's a wrong statement. If your organization reaches 20 employees, then it's mandatory for EPF enrollment. Even if the total employee strength is less than 20, you can opt for Voluntary Enrollment.
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