Speak now

The Ministry of Labour & Employment has informed about the EPFO making filing of ECR easier for businesses. The ECR can now onwards be filed by an employer without the need of simultaneous payment of contributions and contributions may be paid later by the employer after filing the ECR. The above change will entail convenience to the employers as well as the employees covered under the Act and schemes. Filing of ECR by the employer in time is indicative of employers intent to comply, will not, therefore, attract penal consequences, if the dues are paid within the extended time as announced by the government. Filing of ECR in time shall help in credit of employers and employee share of contributions, totalling 24% of wages by Central Government in EPF accounts of low wage earners in establishments eligible under Pradhan Mantri Garib Kalyan Yojana package. Please refer the press release for more details