Hi Every one, We have started a new concern with 21 employees. Is it mandatory to Pay EPF for the employees. Most of the employees preferred not to have EPF. Is there is any alternate way for EPF?
From India, Bangalore
Acknowledge(0)
Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
It is mandatory to get PF registration for your establishment. The employees cannot opt out of it. Certainly, if all the employees are getting a salary of more than Rs 15,000 per month, they can be excluded from the coverage of PF, but the establishment will still have to be registered.
Madhu.T.K
From India, Kannur
Acknowledge(1)Amend(0)
4526Madhu.T.K
From India, Kannur
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Provident Fund - Excluded Employee - Definition.pdf
What is Employee Provident Fund.docx