EPFO Introduces Electronic Facility To Track Compliance For Principal Employers

The Employees' Provident Fund Organization (EPFO) has unveiled a digital facility for core employers in important updates for employers and contract employees, making it easy for them to track their contractors' EPF compliance. The EPFO posted a Tweet to alert the principal employers and all those curious about this service.

What do you mean by a principal employer?

In a warehouse or factory, the principal employer is assumed to be the manager or coordinator; but in a company or firm, the principal employer may be the person in charge and management of the institution or company. The principal employer is an individual who via a contractor, hires contract labor. For successful compliance, EPFO has launched a facility for the integration of Principal Employers with the relevant contract employers.

What do you mean by Electronic Facility To Track Compliance For Principal Employers?

This framework is an online service accessible on the EPFO portal for Principal Employers to submit information specifically relating to work directives, job contracts, contract personnel for the purpose of offering an appropriate enforcement e-governance mechanism built up and expanding exposure to apply provident fund perks to qualified employees.

How to enrol for this service?

1. Enrollment of Principal Employers can be done in 2 forms:

• Establishments that have already been listed with the EPFO by means of the establishment code and mobile number.
• Government bodies, entities, departments that are not registered via PAN and mobile numbers with EPFO.

2. Acquisition by Principal Employers of data entry relevant to contract employers.

Additionally, the regulatory body has allowed checking of balance from the convenience of home for regular EPFO subscribers. Using four, different methods EPFO subscribers can check PF balance via SMS, online, missed call and UMANG App.