Company with 200 employees not a member of epfo

YJ (Querist) 08 June 2022 This query is : Resolved
Hello Experts, I joined a company that is operating since 7 years with over 200 employees. Compnay is not deducting any PF and not a member of EPFO organization. Now the company is purchased by new foriegn company and new company is trying to provide PF facility to all employees. Considering, Indian legal entity operating with 200 employees not a member of EPFO since 7 years what will be implications? Any legal issues because company is not eligible for exemption considering salary and no of employees? Please suggest.

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A company with over 200 employees operating for seven years has not been deducting PF or registered with the Employees' Provident Fund Organisation (EPFO). Following its acquisition by a new foreign company, efforts are being made to provide PF facilities. This raises questions about potential legal issues and eligibility for exemption, especially since the company's size and duration of operation typically mandate EPFO membership.

kavksatyanarayana (Expert) 11 June 2022
A company that has 20 or more employees shall be registered under EPF Act. Your company is having 200 employees, it should have been registered under the act. But there are some companies that are exempted from EPF. So obtain whether your company is under an exemption or not?

P. Venu (Expert) 12 June 2022
Why so many queries on the same subject matter? Please stick to one thread.

YJ (Querist) 12 June 2022
Thanks! closing this thread.

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