Our organisation has 18-20 employees drawing salary above Rs.21500 per month. And our organisation is exempted from the PF/ESIC.
Please explain whether our organisation has to declare or the individual employee has to make the declaration to OPT out of PF.
Please suggest on part of company what we must be doing and on part of employee what they must be doing.
Also many of them have not got PF account from previous employers.
Please explain whether our organisation has to declare or the individual employee has to make the declaration to OPT out of PF.
Please suggest on part of company what we must be doing and on part of employee what they must be doing.
Also many of them have not got PF account from previous employers.