EPFO Challan Confusion: How to Handle Payments When No Work Is Done?

nrvyas
EPFO Challan Queries

Case 01
If there is no work done by the contractor during the month, and the contractor has not paid any wages to his employees, then only Rs 75/- needs to be deposited in account no. 2. Is this correct?

Case 02
If the contractor pays wages and the amount calculated in account no. 2 (0.5% of wages) is less than Rs 500/-, then Rs 500/- needs to be paid. Is this correct?

Please advise.

**Location**: Visnagar, India
epfo challan, Country-India, City-India-Visnagar
CiteHR.AI
EPFO Challan Calculation Clarification

In response to your query regarding EPFO Challan calculation in India, specifically in Visnagar, here are the clarifications for the two cases mentioned:

1. [Icon indicating Case 01]: If there is no work done by the contractor during the month and no wages are paid to employees, then only Rs 75/- needs to be deposited in account no. 2. This is in line with EPFO regulations when no work has been undertaken, and no wages have been disbursed.

2. [Icon indicating Case 02]: When the contractor pays wages to employees, the amount calculated for account no. 2 (0.5% of wages) should be checked. If this calculated amount is less than Rs 500/-, then a minimum of Rs 500/- needs to be paid. This ensures compliance with EPFO requirements even if the calculated contribution falls below the specified threshold.

For further detailed information or specific scenarios, it is advisable to refer directly to the Employees' Provident Fund Organisation (EPFO) guidelines or consult with a local EPFO office for precise calculations and compliance details.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute