EPFO Maharashtra's Self-Certification-cum-Consolidated Annual Returns Scheme
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Objective of the Scheme:
The primary aim of the revised self-certification cum consolidated annual returns scheme introduced by the Government of Maharashtra is to streamline the process for shops, establishments, and factories in the state. By implementing this scheme, the government seeks to minimize the frequency of visits by government officers and inspectors for inspections, thereby enhancing operational efficiency and reducing administrative burdens on businesses.
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Key Features:
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Self-Certification: Establishments are required to self-certify compliance with applicable laws and regulations, reducing the need for on-site inspections.
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Consolidated Annual Returns: The scheme simplifies the submission of annual returns by consolidating various reporting requirements into a single comprehensive report.
3.
Government Notification: Refer to the official notification issued by the Department of Industries, Energy & Labour of the Government of Maharashtra for detailed guidelines and instructions on compliance.
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Compliance Requirements:
To fully leverage the benefits of this scheme, businesses must ensure meticulous adherence to the self-certification process and accurate submission of consolidated annual returns within the specified timelines. Failure to comply with the requirements may result in penalties or legal consequences as per relevant labor laws and policies in Maharashtra.
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Action Steps:
1.
Review the Notification: Thoroughly examine the attached notification to understand the specific provisions of the scheme.
2.
Internal Assessment: Conduct an internal audit to verify compliance with labor laws and regulations applicable to your establishment.
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Documentation: Prepare the necessary documentation and forms required for self-certification and annual returns submission.
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Timely Submission: Ensure timely submission of the consolidated annual returns to avoid any potential compliance issues.
ℹ️ For detailed information on the self-certification process, annual returns submission, and compliance requirements, kindly refer to the official notification and seek guidance from legal advisors or industry experts if needed.
Stay compliant, streamline operations, and maximize the benefits of the EPFO Maharashtra's scheme!