New
notification No. Bkg.1(4)2010/Online Remittance /12871, Date: 24th June 2015
issued by EPF department Deposit of EPF Contributions through Internet
/Online Banking is not mandatory for those employers who are remitting contribution
below Rs. 1 lakh per month with till 30.09.2015 and it will be mandatory to pay
online from 01.10.2015. Earlier vide CMoL&E Notification No. G.S.R. 360(E) dated 05.05.2015
it was made mandatory for all employers irrespective of Contribution amount.
Employees’
Provident Fund Organisation
(Ministry
of Labour & Employment, Govt. Of India)
Head
Office
Bhavishya
Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066
Fax:
011-26173022, Telephone: 26172685
No.
Bkg.1(4)2010/Online Remittance /12871 , Date: 24th June 2015
To
All Regional P.F. Commissioner-I/In
charge Regional & Sub-Regional Offices
Subject: Mandatory Deposit of
Contributions through Internet Banking.
Reference:
i) MoL&E Notification No. G.S.R.
360(E) dated 05.05.2015.
ii) HO Circular of even No. dated
22.06.2015
Sir/Madam,
Please refer to the above said
subject.
2.
The Central Government in exercise of the powers conferred by section 5 read
with sub-section (1) of section 7 of the EPF&MP Act 1952 has notified
amendments in Paras 38(1) and 48 of EPF Scheme, 1952 making it mandatory for
employers to pay the statutory contributions through Internet Banking.
3.
In exercise of powers conferred to the Central Provident Fund Commissioner
under amended para 38(1) of EPF Scheme, 1952, it has been allowed vide order of
even No. dated 24.06.2015 that an employer who makes payment of less than Rupees
one lakh in a particular month as contributions under Employees’ Provident
Funds and Miscellaneous Funds Act, 1952 and Schemes framed thereunder, shall
have the option to make such payments through bank drafts or banker’s cheques
or cheques drawn only on the local bank as was being done earlier. A copy of
the said order is enclosed for information. This order shall be valid upto the
month of September, 2015. Thereafter, it shall be mandatory for all employers
to make payments electronically through internet banking. The employers
remitting contribution below Rs. 1 lakh per month shall, however, have the
option to remit such dues through the internet banking even during the interim
period upto September, 2015.
4.
The employers may be advised through e-mail/SMS/press release for depositing
contributions through Internet Banking as specified above.
Yours faithfully
(Sanjay Kumar)
RCFA
Employees’
Provident Fund Organisation
(Ministry
of Labour & Employment, Govt. Of India)
Head
Office
Bhavishya
Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066
Fax:
011-26173022, Telephone: 26172685
No.
Bkg.1(4)2010/Online Remittance /12870 , Date: 24th June 2015
ORDER
Ministry
of Labour & Employment vide notification no. G.S.R. 360(E) dated 5th May,
2015 has amended Para 38(1) of the EPF Scheme, 1952. The Central Government has
made it mandatory for employers to pay statutory contributions 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 is hereby ordered that an
employer who makes payment of less than Rupees one lakh in a particular month
as contributions under Employees’ Provident Funds and Miscellaneous Funds Act,
1952 and Schemes framed thereunder, shall have the option to make such payments
through bank drafts or banker’s cheques or cheques drawn only on the local bank
as was being done earlier. This order is being issued considering the fact that
many of the participating employers having smaller work force may not readily
have facility of internet banking.
3.
This order shall be valid upto the month of September, 2015. Thereafter, it
shall be mandatory for all employers to make payments electronically through
internet banking.
(K.K. Jalan)
Central Provident Fund Commissioner