EPFO-Identify establishments depositing EPF contributions by cheque, and ensure epf deposits are made mandatorily through internet banking only

EPFO-Identify establishments depositing EPF contributions by cheque, and ensure epf deposits are made mandatorily  through internet banking only

Employees’ Provident Fund Organisation

No. Bkg./1(4)2010/Online Remittance/Vol.II/517                                                                                Web Circulation
Date: 16th August, 2016

To

All RPFCs/In-charge of
Regional Sub-Regional Offices

Subject: Mandatory Deposits of contribution through Internet Banking- reg.
Ref: This office circular No. Bkg./1(4) 2010 Online Remittance/Vol.II/39659 dated 12.02.2016

Sir,

As per the report received from SBI the staus of collection of contribution in the month of July-2016 is given below:

2. On the above subject  matter the Central  Government  had  notified  on 5th May, 2015 the amendments in Para 38(1) and 48 of EPF Scheme, 1952 maaking it mandatory for employers to payment the statutory contributions through Internet Banking only.

3. On  going through  the  data  received  from  SBI  it  is noticed  that  46965 (details enclosed) challans are deposited through cheque. Accordingly, it is requested to identify the establishments depositing their contributions through cheque, and ensure that all contributions received through internet banking.

[Issues with the approval of RPFC-l(F&A)]

Your faithfully

(Vishal Agarwal)
RPFC-II(Banking