Every company with more than 20 employees should register with the Employees’ Provident Fund Organisation of India
An individual who is getting a salary is eligible for a type of PF.
If a company with less than 20 employees wants to register for a provident fund, they can still do it voluntarily.
Employees earning less than ₹15,000 need to be registered for a type of PF, while employees with more than ₹15,000 salary may voluntarily still stay in the PF scheme.