Online Filing of Returns of Exempted Establishments under New Software
1. To streamline the monitoring and supervision of the performance of exempted Trusts under EPF & MP Act, 1952 and various Schemes framed thereunder, a new software has been launched on 27.05.2017.
2. The Parliamentary Standing Committee on Labour had recently reviewed the functioning of exempted Trusts and pointed out several shortcomings in the working of the exempted Establishments/Trusts.
3. All the exempted Trusts are hereby advised to submit the pending online returns from October, 2016 till date. It is clarified that the return for the wage month March, 2017 is to be filed latest by 15th of May, 2017. Similarly the returns for every wage month are to be filed by 15th of the month following the month of payment of contributions for the wage month as exemplified above for the month of March, 2017. Hence all returns pending upto the wage month of April 2017 may be filed online latest by lsth June 2017.
4. It may further be noted that the performance of all the exempted Trusts/Establishments will be monitored on regular basis online based on the performance of the exempted establishments in all relevant areas) ranks will be assigned and the same shall be published periodically in the EPFO website. The various items of data required for filing new online returns are:
i) Claims (Numbers) received during the month and settled with percentage of settlement. ii) Date of transfer of contributions to the Trust. iii) Investment of surplus funds in the securities/bonds as per pattern of investment within stipulated time (maximum 10 days from the date of receipt of contributions i.e. 15th of each month). iv) Rate of interest declared for the previous financial year. v) Date of filing returns online.
5. Sufficient space in the returns have been provided for the employers/Trustees to give their feedback/comments if any.
Earlier in this context
EPFO has informed that due to development/ launching of
the Unified Portal being in process, the functionality of filing of online
returns by the Exempted/ Relaxed Establishments will be stopped in Dec. 2016
(currently integrated in the ECR Portal) and shall remain on hold for some
time, for deployment of such functionality on the Unified Portal.
It may be noted that Exempted Return and its MIS
Dashboard will not be available for some time till it is deployed on the
Unified Portal, which is under development/ implementation. Once the return
filing functionality for exempted/ relaxed establishments (maintaining private
P.F. Trusts of their own) is deployed, they will have to file the returns for all
such pending months.
In the existing scheme of filing of online returns by
exempted/ relaxed establishments, filing of the return is allowed in a
sequential manner. It implies that exempted/ relaxed establishments are not
permitted to file online returns for a particular month till the same for the
previous month has been filed.
Therefore once the ECR Portal is stopped; the exempted/
relaxed establishments will be required to keep the data ready for the months
for which the same could not be filed for the reason of non-availability of the
portal for filing online return.
No comments:
Post a Comment