There are certain sections under EPF act which exempt companies from paying PF provided they satisfy the below conditions A Company which is less than 3 year old (Startups) A Company which is registered...
Yes a company or an organization which employs more than 20 people are eligible to come under EPF Act with certain exclusions. The excluded companies must comply with one of these Any company which...
Here is the Vision of EPF from the EPF Citizen Charter Reduce the time for settlement of claims from 30 days at present to 3 days Provide hassle free service to the subscribers from...
Yes.It’s possible when the Employees and the Employer of the establishment desire themselves to covered under EPF act.It can’t be forceful consent and it has to be a voluntary one. It’s doesn’t matter whether...
EPF / EPF Act / EPF Explained
EPF act applies to any establishment (‘company’) which satisfies the below 2 conditions a) Where 20 or more people employed in the establishment b) Establishment comes under the list that is mentioned in Schedule...
Here is the schedule 1 of the EPF act which speaks about establishments that should be covered under the companies act (See sections 2(i) and 4) Any industry engaged in the manufacture [***] of...
As per “THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952” the EPF is applicable all states of India except the Jammu & Kashmir. So EPF act and other acts like EDLS,EPFS,EPS are not...
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