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TMI BlogTracking of Contractors EPF Compliances by Principal EmployerX X X X Extracts X X X X X X X X Extracts X X X X ..... Tracking of Contractors EPF Compliances by Principal Employer - By: - CSLalit Rajput - Corporate Laws / IBC / SEBI - Dated:- 2-6-2021 - - Tracking of Contractors EPF Compliances by Principal Employer Employees' Provident Fund Organization (EPFO), India Ministry of Labour Employment, Government of India has issued and launches electronic facility for PRINCIPAL EMPLOYERS to view EPF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... compliances of their contractors . EPFO has introduced a facility for interlinking of Principal Employers with respective contract employers for effective compliance. Principal Employer: In a factory, the owner or occupier or manager is considered a principal employer; but in an establishment or a company, the person who is in control and supervision of establishment or company wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l be the principal employer. In short, a principal employer is the one who employees labour through a contractor. Key Features: 1. EPFO, Registered Employer engaging employees through contractor(s) can add the details of contractor(s) contract employees at EPFO s Unified Portal https://unifiedportal-emp.epfindia.gov.in/epfo/ 2. Principal Employer (PE) not registered with EPFO c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an register on Unified Portal to receive Login / Password to add details of their contractor(s) Contract Employees. 3. On Adding Contractor s details, Principal Employer (PE) can view through their Login the employee wise remittance made by contractors through ECR. 4. Principal Employer (PE) can now ensure that their contractor(s) enroll all contract workers and remit EPF contributions th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rough ECR. 5. It will enhance the coverage to extend provident fund benefits to eligible employees. Facility to tighten the Compliance Norms Vigilance Mechanism: This application is an online facility available on the website of EPFO for the Principal Employers to upload work orders/outsourced job contracts/contract workers related information directly with a motive to provide effec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tive e-governance system in the compliance set up and enhance the coverage to extend provident fund benefits to eligible employees. Process of Registration of Contractor s Details: 1. Registration of Principal Employers as a) Establishments already registered or b) Government Organizations / Institutions / Departments not registered 2. Enter the details of Contract Employers ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. Completion of data entry related to contract employers by Principal Employers. 4. Once an employer adds the contractor(s) details, employee-wise remittances made by the contractor(s) through the electronic challan-cum-return (ECR), can be viewed. Kindly Note that: 1. For regular EPFO subscribers, the regulatory body has made checking of balance easier from the comfort of home. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. EPFO subscribers can do so using four different ways --check PF balance using SMS, online, missed call and UMANG App. Source: https://twitter.com/socialepfo/status/1358645865435463682 - - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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