Payment of EPF subscription through Internet Banking.
Employees’ Provident Fund Organisation
(Ministry of Labour, Govt. Of India)
Head Office
Bhavishya Nidhi Bhawan, 14-Bhikaji Cama Place, New Delhi – 110066
FOR WEB CIRCULATION ONLY
No.Bkg. 1(4)2010/Online Remittance/Vol._II
To
All ACCs (Zones) /Director, NATRSS
All RPFC-In-charge
Regional/Sub-Regional Offices/NDC
Subject: Payment of EPF subscription through Internet Banking.
Sir/Madam,
In exercise of powers conferred under amended Para 38(1) of EPF Scheme, 1952, the Central Provident Fund Commissioner has authorized RPFCs-Incharge of ROs & SROs to allow a particular extablishment under their jurisdiction to make payment through physical mode after satisfying the genuineness of their problem in making payment through Internet Banking for a limited period upto 30th June, 2016. A copy of the said Order is enclosed for reference.
2. An order in this regard will be issued by the concerned RPFCs – Incharge of ROs/SROs allowing a particular establishment to make payment through physical mode with endorsement copy to concerned SBI link branch of ROs/SROs and the Head Office. The establishment which has earlier been given relaxation at HO level will be covered under the present Order and the said relaxation will be valid upto 30th June, 2016 only.
Yours faithfully
(Dr.V.P.Singh)
Additional CPFC (F&A)
Encl: Order
Copy for information and taking necessary action
To
The Chief General Manager (SME)
State Bank of India, SME Business Unit,
Corporate Centre, State Bank Bhawan,
5th Floor, Madame Cama Road,
Mumbai – 400 021
Employees’ Provident Fund Organisation
(Ministry of Labour, Govt. Of India)
Head Office
Bhavishya Nidhi Bhawan, 14-Bhikaji Cama Place, New Delhi – 110066
Fax: 011-26173022
Telephone: 26172685
IMPORTANT
No.Bkg.1(4)2010/Online Remittance
Date: 29.01.2016
ORDER
Ministry of Labour & Employment vide Notification No. G.S.R. 360(E) dated 5th May, 2015 has amended Para 38(1) of the E.P.F. Scheme, 1952. The Central Government has made it mandatory for employers to pay statutory contribution electronically through Internet Banking only.
2. In exercise of powers conferred to the Central Provident Fund Commissioner under amended para 38(1) of EPF Scheme, 1952, it was ordered vide Office Order of even No. dated 24th June, 2015 that an employer who makes payment of less than rupees one lakh in a particular month as contribution, shall have the option upto the month of September, 2015 to make such payments through bank draft or banker’s cheques or cheques drawn only on the local bank. Subsequently, vide Order dated 19th August, 2015 the said relaxation period was extended upto the month of December, 2015 with direction that from 1st January, 2016, it shall be mandatroy for all employers to make payments electronically through internet banking.
3. Now, all RPFCs-Incharge of ROs/SROs are hereby authorized to allow a particular establishment under their jurisdiction to make payment through physical mode after satisfying the genuineness of their problem in making payment through Internet Banking for a limited period upto 30th June, 2016. Before allowing a particular establishment to make payment through physical mode, RPFCs-Incharge of ROs/SROs shall himself examine the request of the establishment and shall record the facts of the case with reasoning.
(K.K. Jalan)
Central Provident Fund Commissioner
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