Currently we have 20 employees including security (on contract employees). We are planning to split our operations into 2 companies. The company under which i am currently running operations will now have only 7-8 employees. Do I still need to continue paying them PF
From India, Mysore
1From India, Mysore
IF once the company is enrolled to any statutory such as ESI/EPF then even if number of employees reduces as you mentioned 7-8 yes it mandatory to continue. Even if 1 employee still these enrollments shall be continued
From India, Bangalore
From India, Bangalore
If the employees are already a part of PF then irrespective of the applicability, employer has to get enrolled in PF. For any further information on statutory compliances, please do visit: http://stacowiki.in/en/
From India, Bengaluru
From India, Bengaluru
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