Government reducing EPF & MP act threshold 20 to 10 employees
Government plans to amend the existing law to bring firms with minimum ten employees under the Provident Fund coverage, the Lok Sabha was informed today.
Currently, companies with less than 20 employees are excluded from PF coverage.
“A proposal for comprehensive amendment to the Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 is under consideration of the Government which, inter alia, includes 20 to 10
The same was mentioned by Mr. Bandaru Dattatreya (ministry of labour and employment) in written reply to a question in Loksabha.
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