PF registration is applicable for all establishments which employ 20 or more persons.
If your firm has more than 20 employees, then PF registration is mandatory for your company. Optional if you have less than 20 employees. As employer your PF contribution will be 6% of (basic salary + dearness allowance + retaining allowance). Equal contribution must be deducted from your employee salary and remitted to EPFO.
It is obligatory that employees’ drawing less than Rs 15,000 per month, to become members of the EPF. As per the guidelines in EPF, employee, whose ‘basic pay’ is more than Rs. 15,000 per month, at the time of joining, is not required to make PF contributions. Nevertheless, an employee who is drawing a pay of more than Rs 15,000 can still become a member and make PF contributions, with the consent of the Employer.