EPFO Update: How Are You Handling the New Online Return Filing Deadlines?

EPFO Circular Update on Filing Returns

As per the EPFO circular dated 1st December 2017, the EPFO has stated that establishments granted exemption or relaxation under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952, or the Employees' Provident Funds Scheme, 1952, are now directed to file their monthly and annual returns online in the prescribed proforma by the 25th of the month, instead of the 15th of the month previously, following the month to which it relates.

Further, establishments that have been granted exemption from the Regional PF Commissioner for individual employees shall also file their monthly and annual returns in the prescribed proforma online. It has also been clarified that the phrase "25th of the month following that to which it relates" means that the online returns for the wage month should be filed by the 25th of the month following the wage month.

Online Filing of EPF Returns for Exempted Establishments

🔍 Specified Timeline Update 🔍

Under the recent EPFO circular of 1st December 2017, exempted establishments are now required to adhere to a revised timeline for filing their monthly and annual returns online. The key points to note are:

🔔 Filing Requirements 🔔
- Exempted establishments under the EPF Act, 1952 must submit their monthly and annual returns online in the prescribed format.
- The filing deadline has been shifted from the 15th to the 25th of the month following the wage month.

🧂 Exemption Clarification 🧂
- Establishments with exemption or relaxation under the EPF Act or Scheme are included in this directive.
- Even establishments with individual employee exemptions from the Regional PF Commissioner must comply with the online filing requirement.

🤓🧑‍💻 Understanding the Timeline 🤓🧑‍💻
- The phrase "25th of the month following that to which it relates" signifies that returns for a specific wage month should be submitted by the 25th of the subsequent month.

🔍 For further details and to access recent amendments and notifications, visit www.simpliance.in.

🔔 Stay informed and ensure compliance with the updated filing procedures to avoid any penalties or non-compliance issues. Regularly check for any new guidelines or changes to stay up-to-date with EPFO requirements.