Employee Provident Fund Organisation has come up with a new feature for principal employers to keep a tab on the compliances of their employees that are in service through contractors.
All about the EPFO's new service
Through this facility the employers that are employing employee via contractors can add the details of contractors together with contact employees at the organisation's portal https://unifiedportal-emp.epfindia.gov.in/epfo/.
How will the facility help?
The move will enable principal employers to check the amount of wage on which the EPF money has been remitted by the contactor as against the wages as well as employer's share paid as part of the contract to the contractor.
The central government run the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) and Atmanirbhar Bharat Rojgar Yojana (ABRY) schemes as part of which contractors can claim both the employee's as well as employer's share of EPF contribution from the centre.
Likewise, now principal employers have been extended this facility using which they can check the benefits claimed by their contractors from the centre for the contract employees as well as can oversee their payments to contractors.