Navigating EPF Registration: What Are the Benefits, Risks, and Contribution Calculations?

I am working as an HR in a newly set-up company, and for EPF registration, our lawyer advised us to do the registration with 10-12 employees. I request you to suggest the benefits and risk factors involved in this, as well as how to calculate contributions for this registration.

Hi Rajalaxmi,

PF is applicable once you cross 19 employees. However, you can opt for voluntary PF coverage. There is no risk involved, as it is a social security benefit for employees. Every month, you need to generate ECR and pay the contribution within the due date.

Feel free to call or revert for any assistance.