EPFO ALERT! LAUNCHED - Electronic Facility for principal employers: View EPF compliances of contractors, check other important details
The Employees' Provident Fund Organization (EPFO) has launched electronic facility for Principal employers. The facility will enable principal employers to view EPF compliances of their contractors.
The Employees' Provident Fund Organization (EPFO) has launched electronic facility for Principal employers. The facility will enable principal employers to view EPF compliances of their contractors.
"EPFO launches Electronic Facility for PRINCIPAL EMPLOYERS to view EPF compliances of their contractors," EPFO said in a tweet.
See Zee Business Live TV Streaming Below:
As per the information, now, EPFO registered employers who are engaging employees through contractors can add the details of contractors and contract employees at EPFO's unified portal that is unifiedportal-emp.epfindia.gov.in/epfo/.
While Principal Employers (PE) who are not registered with EPFO can register on Unified Portal to receive login/password to add details of their contractors and contract employees.
EPFO launches Electronic Facility for PRINCIPAL EMPLOYERS to view EPF compliances of their contractors.#EPFO #SocialSecurity #HumHainNa pic.twitter.com/8HkgltLs6e
— EPFO (@socialepfo) May 18, 2021
On adding contractor's details, PE will be able to view through their login the employee wise remittance made by contractors through ECR.
Also, PE can now ensure that their contractors enroll all contract workers and remit EPF contributions through Electronic Challan cum Return (ECR).
Who is a principal employer?
Principal employer is the owner or occupier or manager in a factory. However, in an establishment or a company, PE is the one who is in control and supervision of establishment or company.
The ECR was launched in April 2012 making the online filing of the returns mandatory for the employers.
With the launch of the ECR no paper return is required to be prepared and submitted to EPFO and employers will also get the confirmation of payment via SMS instantly.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
12:42 PM IST