11 January 2023
My company has obtained EPFO Registration number at the time of its incorporation though the employment strength has not reached the threshold limit of 20 for applicability of the EPF & MP Act 1952. I understand that my company has to start compliance under the Act once the employment strength reaches 20. I also understand that in case my company does not start the compliance even after reaching the threshold limit of employment EPFO may take appropriate action under the Act on receipt of any complaint or information from members or any third party.
i do not have enough employee and establishment registered on 23-11-2021, pls tell me what should i do now, is there any penalty?
CAclubindia
