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voluntary coverage application under esci or pf
voluntary coverage application what is ? under esci or pf
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under the EPF act is to have 20 employees.
According to the EPF new rules, this limit is now going to be halved. This means that any Firm which has a minimum of 10 employees has to be registered with the Employees’ Provident Fund and Miscellaneous Provisions Act.
The labour ministry is now looking into the approval of this proposal.
Currently, the firms that come under the Act are those which has 20 or more employees for EPF.
Presently, ESIC coverage is given to establishments having 10 or more employees.
According to the EPF new rules, this limit is now going to be halved. This means that any Firm which has a minimum of 10 employees has to be registered with the Employees’ Provident Fund and Miscellaneous Provisions Act.
The labour ministry is now looking into the approval of this proposal.
Currently, the firms that come under the Act are those which has 20 or more employees for EPF.
Presently, ESIC coverage is given to establishments having 10 or more employees.
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