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elango.parameswaran (Officer)     25 August 2024

M.d.of a company enrolled in epf scheme

A section 8 company with 6 employees enrolled employees getting more than 15000/-p.m. enrolled all employees including the M.D.(salary 2lakhs).Is it correct asper EPF Act. Can their enrolment be withdrawn



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 2 Replies

T. Kalaiselvan, Advocate (Advocate)     25 August 2024

The Employees' Provident Fund and Miscellaneous Provisions Act, 1952 (EPF Act) applies to any establishment with 20 or more employees in certain industries. The act also applies to any establishment that the Central Government specifies by notification in the official Gazette, even if the number of employees is less than 20. 
 
Establishments that are not required to register by law can register voluntarily. The registration process is free and online, but it requires detailed documentation

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