EPFO: Firms can pay dues, update ownership details


EPFO: Firms can pay dues, update ownership details

Taking another step towards going paperless, retirement fund body Employees’ Provident Fund Organisation (EPFO) on Tuesday said it has launched facilities for employers to pay dues and update ownership deatils online. the EPFO has provided facility of online submission of Form 5A (Return of Ownership), it said in a statement. The EPFO added it has discontinued the physical submiion of the form. earlier, the employers had to submit a physical copy of Form 5A to the concerned EPFO feild office upon new registration of establishment and wheneverthere was any change in ownership details. Now, employers can updatre Form 5A online and submit with e-signature.This will not only reduce the unnecessary paperwork, but also avoid visits to EPFO feild offices.

The Business Standard, New Delhi, 31st January 2018

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