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
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