MalayalamEnglishKannadaTeluguTamilBanglaHindiMarathi
  • Facebook
  • Twitter
  • whatsapp
  • YT video
  • insta
  • India
  • World
  • Business
  • Markets
  • Sports
  • Entertainment
  • Technology
  • Auto
  • Lifestyle
  • Career
  • Home
  • India
  • No more penalties for tech errors: EPFO introduces demand draft option for employers

No more penalties for tech errors: EPFO introduces demand draft option for employers

The decision comes in response to recurring technical glitches in the ECR filing process that have made it difficult for employers to deposit dues on time.

Ajay Joseph | Published : Apr 12 2025, 10:39 AM
2 Min read
Share this Photo Gallery
  • FB
  • TW
  • Linkdin
  • Whatsapp
  • Google NewsFollow Us
16
Asianet Image

In a significant relief for employers, the Employees' Provident Fund Organisation (EPFO) has announced a new provision allowing a one-time payment of old EPF dues via demand draft. This move marks a departure from the usual online route, where employers submit an Electronic Challan-cum-Return (ECR) and pay dues through internet banking.

26
Relief from persistent technical issues:

Relief from persistent technical issues:

The decision comes in response to recurring technical glitches in the ECR filing process that have made it difficult for employers to deposit dues on time. These delays have often attracted penalties and caused dissatisfaction among employees due to delayed crediting of PF contributions.

Acknowledging the gravity of the situation, the EPFO issued a circular directing its field offices to accept one-time payments through demand draft in cases where technical issues have prevented timely compliance.

36
Strictly for one-time past dues:

Strictly for one-time past dues:

The EPFO has clarified that this is not a blanket change in payment methodology but a relief mechanism applicable only for past dues. Employers who choose this route must declare that it is a one-time payment and not a substitute for future payments, which must continue through the online ECR system.

The Officer-in-Charge of the respective EPFO office must verify the legitimacy of the request and ensure the demand draft is accepted only after confirming that the employer won’t repeat the process.

46
Verification and documentation required:

Verification and documentation required:

To ensure transparency and maintain record integrity, employers are required to submit an undertaking and a list of affected employees whose dues are being settled. This will act as a safeguard in case of future audits or disputes.

56
Asianet Image

In addition, employers must still file their returns along with the payment, ensuring that employee PF records remain up-to-date and accurate.

66
Digital mode remains primary:

Digital mode remains primary:

While the EPFO has made this offline provision available under exceptional circumstances, it continues to advocate for the use of the online ECR and internet banking systems for regular and upcoming payments. The organisation emphasises that digital compliance is crucial for efficiency, transparency, and timely benefit disbursal to employees.

Ajay Joseph
About the Author
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences. Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats. Read More...
Employees' Provident Fund Organisation
Business
Indian Economy
 
Recommended Stories
Pakistan's epic editing fail! ISPR's botched video of IAF's Vyomika Singh exposes desperate propaganda (WATCH)
Pakistan's epic editing fail! ISPR's botched video of IAF's Vyomika Singh exposes desperate propaganda (WATCH)
Foreign Secretary Vikram Misri's trolling over ceasefire: Politicians unite in rare backing
Foreign Secretary Vikram Misri's trolling over ceasefire: Politicians unite in rare backing
Did China send cargo plane with military supplies to Pakistan? Here's what PLA said
Did China send cargo plane with military supplies to Pakistan? Here's what PLA said
Top Stories