7 months ago
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Bengaluru’s concern governance is great, arsenic the metropolis has thousands of digitally autochthonal and liable firms, and yet, lone 38,000 concern establishments are registered presently nether the EPFO strategy here, said Salil Sankar, Regional Commissioner, EPFO.
There are 60,000 establishments nether 14 EPFO offices crossed Karnataka, cumulatively covering immoderate 72 to 78 lakh of subscribers (employees), Mr. Sankar added.
Participating astatine an interactive league organised by the Bangalore Chamber of Industry and Commerce (BCIC) present connected Wednesday, the Regional Commissioner outlined the EPFO’s ongoing efforts to make consciousness among employers and employees astir the benefits and incentives which are provided by the Centre for caller employment procreation nether the Prime Minister’s Vikisit Bharat Rozgar Yojana (PMVBRY), the steps taken by EPFO to streamline workflows, trim documentation burdens, and amended turnaround clip done integer platforms specified arsenic EPFO 3.0.
The extremity is to guarantee that societal information systems are procedurally not complex, transparent, and seamless, helium said.
Amnesty scheme
Additionally, the EPFO plans to motorboat the Employees’ Enrolment Campaign 2025, a one-time amnesty strategy for employers to regularise unregistered employees without facing penalties, by paying the employer’s contribution, 7% interest, and a nominal interest of ₹100.
Narrating the organisation’s integer modulation journey, Mr. Sankar said that the displacement to digital began successful 2011, peculiarly with the instauration of the Universal Account Number (UAN), which led to KYC-related chaos and required monolithic effort to validate data, and now, astir 99.73% accounts are Aadhaar-seeded and the EPFO was focusing connected stabilising the system. The unit person been instructed to prioritise assertion settlements implicit insignificant deficiency checks for validated members, helium added.
However, helium insisted that employers indispensable cooperate by correctly filing the Electronic Challan cum Return (ECR) and managing exit dates to forestall further complications successful subordinate accounts.
