Earlier we were having more than 20 employees since last years as we were having labour contracts. Now all contracts got cancelled and we are having our own 5-6 labours since last one year in our factory. Should we cancel our PF number as now we are having less than 20 employees…??
Refer my answer regarding the same as “This scheme applies to all companies or establishment, which employs 20 or more than that. Do remember that once the employees’ strength reaches to 20 or more then irrespective of employee strength (whether fall or rise) the company must continue with this scheme”.