Pf registration

others 315 views 1 replies

Kumar

58 Points Joined April 2009

Dear Friends,

Please clarify.

A Pvt Ltd Compnay has 27 employees and all of them are drawing more than 6500 as salary, the company is not interested to contribute towards PF is it still necessary for a company to take registration under PF as the no. of employees is crossed 20.

Thanks in advance.

Replies (1)

Manoj Mehta

Head Of Department (Accounts & Finance)

1479 Points Joined March 2009

Dear kumar yes, the company have to take a registration under PF. Also as per latest amendment I think the limit of 6500 is now 15000 in jan2014.( confirm it on google search). If company is not doing so then in future they have to face statutory obligations. Also auditor can question you on the same.