The EPFO remains committed to its move to enable computerised, rapid working, and making the office paper-free. In its latest endeavour in facilitating the same, the Submission of Provident Fund Form 9 in physical copy has been discontinued.
Who does this impact?
This is applicable to all members joining, and to all establishments covered on or after 1st October 2017.
How will this work?
The electronic form will be available for all purposes starting on 1st October 2017, and the physical form will be discontinued simultaneously.
What are its benefits?
The physical form is virtually redundant considering all details including name, gender, details of birth and marriage, as well as bank details are available in the employee master existing in the system. The presence of an online form not only reduces paperwork, but also enables settlement of claims electronically and allows for ease of business.
What documentation will this entail?
The documents required for every new employee will include:
- Aadhar Card
- Pan Card
- Bank Account Details, which will benefit employees applying online
The official document for discontinuance along with a copy of the order is available at http://comply4hr.com/noti/2016/EPFS2017Sep18.pdf