Employers Can Make EPF Subscription Online

Good news for employers and the employees! The government started an electronic mechanism for employers to submit EPF subscription of employees through online anywhere and anytime. There were a lot of hassles for employers in preparing various monthly and annual paper returns and visiting the EPFO offices for submitting their returns.

The online mechanism is introduced by the Labour and Employment Minister in order to bring transparency and accessibility for employers to file their returns. Also, provisions are being made under the scheme for employees to check their EPF accounts for updates. The Labour and Employment Minister also said that now EPFO offices would not have to make several communications in case of mistakes or deficiencies in paper returns.

The EPFO commissioner said that claims settlement process would become much quicker by updating new employee and existing employee details under the new online scheme. The manpower engaged for these old processes can be used for other activities.

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