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Esi and pf non compliance
what is the exact liability of an entity if it does not registered itself under ESI or PF even if it are liable to?what can be the future consequences of such non compliance?
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Non-registration or non-compliance under ESI and PF Acts exposes an entity to crushing financial burdens through interest and penalties, severe legal consequences including potential criminal prosecution/arrest of directors, and significant reputational damage. It is highly advisable to rectify any non-compliance immediately to stop the accumulation of interest and avoid legal action.
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