Anonymous
Sir/Madam, I am an HR my colleague wants to opt for Voluntary Provident Fund contributions. I am very much new and I am not aware of how to remit the amount through ECR.
Can you please help?
Thanking you

From India, Hyderabad
raghunath_bv
149

Hi.

The Electronic Challan cum Return (ECR) is a system used by employers in India to remit Employees' Provident Fund (EPF) contributions on behalf of their employees. If your colleague wants to opt for Voluntary Provident Fund (VPF) contributions, you can follow these steps to remit the amount through ECR:

Login to the Unified Portal:

Visit the EPFO Unified Portal (https://unifiedportal-epfo.epfindia.gov.in/).
Log in using your employer's Unified Portal credentials.
Select 'ECR':

After logging in, go to the 'ECR/Return' section. This is where you can upload the ECR file.
Generate ECR File:

If you haven't generated the ECR file yet, you can do so using the ECR file generation utility provided by the EPFO. Make sure you have all the necessary details of the employees, including the VPF amount they want to contribute.

Fill in the ECR Details:
In the ECR section, fill in the required details, including the VPF contributions for your colleague. Ensure that you provide accurate information.

Upload the ECR File:
Once you have filled in all the details, upload the ECR file. The file format should be in the prescribed format provided by the EPFO.
Verify and Submit:

After uploading the ECR file, review all the details to ensure they are correct. Once you're satisfied, submit the ECR.

Make the Payment:
Once you submit the ECR, you'll be directed to the payment gateway. Choose your preferred payment method and make the payment for the VPF contributions.

Download the Challan Receipt:
After successful payment, download the challan receipt. This serves as proof of payment.

Keep Records:
It's important to keep a record of the ECR, the challan receipt, and all related documents for your records and for compliance purposes.

Please note that if you're new to handling EPF contributions and ECR, it might be a good idea to consult with your finance or accounts team or seek guidance from a professional who is experienced in EPF compliance to ensure accuracy and compliance with all regulatory requirements.

Thanks,

From India, Bangalore
Srinath Sai Ram
609

Dear Mr Raghunath, Please Clarify what is this Voluntary Provident Fund (VPF) Contributions
From India, New Delhi
raghunath_bv
149

Dear Srinath,
Voluntary Provident Fund (VPF) a Voluntary Retirement Fund is the voluntary fund contribution from the employee towards his Provident Fund (PF) account. This contribution is beyond the 12% of contribution by an employee towards his EPF. The maximum contribution is up to 100% of Basic Salary and Dearness Allowance. Interest is earned at the same rate as the EPF.
Hope this is clear to you,

From India, Bangalore
Srinath Sai Ram
609

Dear Mr Raghunath,
Thanks for your response. Please Clarify-Employee contribution is beyond the 12% of contribution by an employee towards his EPF. The maximum contribution is up to 100% of Basic Salary and Dearness Allowance. Interest is earned at the same rate as the EPF.
Under which Section of EPF Scheme it is mentioned that we can Contribute up to 100% of Basic Salary and Dearness Allowance. Please revert

From India, New Delhi
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