2,01,533 workers enrolled as on May 31, 2017 under the Employees' Enrolment Campaign 2017.
Retirement fund body EPFO has enrolled over 82 lakh new subscribers under its Employees' Enrolment Campaign 2017 started on January 1 this year. Under the scheme, the employers got the opportunity to file the declaration of unregistered employees under the EPFO Act, with a nominal fine of Re 1 per annum on account of damages.
EPFO statement
According to the Employees' Provident Fund Organisation (EPFO) statement, "82,01,533 workers enrolled as on May 31, 2017 under the Employees' Enrolment Campaign 2017." "With the enrolment of over 82 lakh subscribers under the scheme, now the total number of contributing members is about 4.5 crore," EPFO Central Provident Fund Commissioner V P Joy told PTI.
Asked about extending the campaign beyond June 30, 2017, Joy said, "There is absolutely no chance to extend it as it was for six months. There is no proposal to extend the scheme also."
Employees' Enrolment Campaign
The campaign was launched earlier to encourage employers to voluntarily come forward and declare details of all such employees who were entitled to membership between April 1, 2009, and December 31, 2016, under EPF & MP Act 1952, but could not be enrolled. Initially, the scheme was for three months till March 31, 2017, but later it was extended till June 30, 2017.
Scheme details
Under the scheme, the employees share of contribution, if declared by the employer as not deducted, shall stand waived. Besides, the damages to be paid by the employer in respect of the employees for whom declaration has been made under this campaign is paid at the rate of Re 1 per annum.
No administrative charges
Moreover, no administrative charges is collected from the employer in respect of the contribution made under the declaration. Under the scheme, a declaration can be made under the campaign for the period till June 2017, for which no enquiry under section 7A is initiated.
COC Period
The EPFO also said that for the benefit of international workers, new instructions have been issued to all field functionaries regarding COC (Certificate of Coverage). The employer is advised to submit the application form for COC one month in advance, and the COC is issued prior to departure of the employee from India.
Also, the COC period should not exceed 60 months or the specified period in the social security agreement with that country. COC should not be issued for a period which commences much later than the date of posting of the Indian worker in the host country for employment, it said. There should not be any overlapping of the period of coverage. There should not be gaps when more than one COC is issued to the same posted worker as these results in the lack of Social Security coverage during the gaps, it added.
EPFO e-court Management System
It said that the EPFO e-court Management System launched on May 16, 2017, with the objective of having a transparent and electronic case management system. All per/evidence/documents can be filed online, and the status can also be viewed online. The body further said that the claim settlement period has been reduced to 10 days from 20 days and grievance redressal period is reduced to 15 days from 20 days.
Goodreturns.in
More From GoodReturns

Stock Market Holidays 2026: BSE, NSE To Be Shut For 4 Days From March 23 to 31: Ram Navami To Mahavir Jayanti

ATM Rules Changing From April 1, 2026: HDFC Bank, PNB, Bandhan Bank & Others Revise Cash Withdrawal Rules

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip



Click it and Unblock the Notifications