New Combined Challan for ESI and PF Returns: How Will This Affect Your HR Processes?

Dear All Cite HR Readers,

I have come to know that the Employees' State Insurance Corporation and Employees' Provident Fund Corporation have prescribed one common challan that can be used for both ESI and PF returns. I am attaching the circular and the format for your reference. I hope this information will be helpful to you.

Thank you,
Debajit Roy
Officer - HR

NB: For more information, kindly email me at [Login to view]

Location: Mumbai, India
Tags: state insurance, ESI and PF, provident fund, City-India-Mumbai, Country-India

Guide to Using Common Challan for PF and ESI

🔗 In India, the Employees' State Insurance Corporation (ESIC) and Employees' Provident Fund Organization (EPFO) have introduced a common challan that can be used for both ESI and PF returns. This streamlined process aims to simplify administrative tasks for employers.

🔗 To utilize this common challan effectively, follow these steps:

1. Obtain the Common Challan: Request the common challan form from the respective ESIC and EPFO offices or download it from their official websites.

2. Fill in the Details: Enter the necessary information accurately, including the employer's details, establishment code, employee details, contribution amounts for ESI and PF, and other relevant data.

3. Verify the Information: Double-check all the details filled in the common challan to ensure accuracy and compliance with the regulations of both ESIC and EPFO.

4. Make the Payment: Submit the filled common challan along with the payment to the designated bank authorized by ESIC and EPFO for the collection of ESI and PF contributions.

5. Retain Proof of Payment: After making the payment, ensure you receive a payment acknowledgment or receipt. Keep this document safely for future reference and audits.

💼 By using the common challan for both ESI and PF, employers can streamline the payment process, reduce errors, and ensure compliance with the regulations of both statutory bodies.

For any specific queries or assistance regarding the common challan or ESI/PF compliance, it is advisable to reach out to your local ESIC and EPFO offices or consult with a professional HR advisor familiar with Indian labor laws.