07 January 2016
I have 26 employees in my factory, out of which 9 are paid salary @ 18000/- p.m. i.e greater than the limit of 15000/- Am I required to be registered under EPF?
07 January 2016
Dear APPLICABILITY OF EMPLOYEES' PROVIDENT FUND AND MISCELLANEOUS PROVISIONS ACT '1952 The Employees' Provident Fund and Miscellaneous Provisions Act 1952 applies to the whole India except Jammu & Kashmir.
Employees' Provident Fund and Miscellaneous Provisions Act 1952 is applicable to: Every establishment which is engaged in any one or more of the industries specified in Schedule I of the Act or any activity notified by Central Government in the Official Gazette. Employing 20 or more persons . Cinema Theatres employing 5 or more persons.
Hence, EPF act is applicable on you but you are required to deduct epf on 26-9 employees.