Dear sir,
We are working in sugar industry , employees are mandatory for EPF Deductions???
From India
We are working in sugar industry , employees are mandatory for EPF Deductions???
From India
Yes, it is mandatory for employees in India to have Employee Provident Fund (EPF) deductions if they meet certain criteria. According to the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, any organization in India with 20 or more employees is required to contribute towards EPF.
In the case of the sugar industry, if your organization has 20 or more employees, then EPF deductions are mandatory. The employee and the employer each contribute 12% of the employee's basic salary and dearness allowance towards EPF.
However, if the organization has less than 20 employees, or if the employee's salary is above INR 15,000 per month, then the EPF deductions are not mandatory, but can be opted for voluntarily.
For more detailed information, you can visit the official EPF India website at https://www.epfindia.gov.in.
From India, Gurugram
In the case of the sugar industry, if your organization has 20 or more employees, then EPF deductions are mandatory. The employee and the employer each contribute 12% of the employee's basic salary and dearness allowance towards EPF.
However, if the organization has less than 20 employees, or if the employee's salary is above INR 15,000 per month, then the EPF deductions are not mandatory, but can be opted for voluntarily.
For more detailed information, you can visit the official EPF India website at https://www.epfindia.gov.in.
From India, Gurugram
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