The Employees’ Provident Fund Organisation (EPFO) has withdrawn the ‘exempted establishment’ status of about 147 establishments, a move that is part of the streamlining process of the Fund’s online records and efforts to build a centralised database.
Of these, while some establishments were found to have fallen short on the compliance requirements such as mandatory electronic filing of monthly returns, claim settlement, among others, others have been removed from the list as their branches were filing returns instead of the requirement of filing by only the primary office, a senior EPFO official said. Besides, some establishments have surrendered their exempted status after the closure of their units or notices sent by the EPFO, the official added.
The previous list of exempted establishments had 1,552 members that have now been pruned down to 1,405. Ranbaxy Laboratories Ltd, Eicher Motors Ltd, Lupin Ltd, Bombay Dyeing and Manufacturing Co Ltd, Tata Investment Corporation Ltd, the Nagpur plant of Reliance Industries Ltd, Chhattisgarh units of Jindal Steel & Power Ltd (JSPL), Nokia India Pvt Ltd, ACC Ltd, IndusInd Bank Ltd, Bajaj Hindusthan Ltd, Balrampur Chini Mills Ltd, Handloom Export Promotion Council, Khadi Gram Udyog, Hindalco Industries Ltd, Mawana Sugar Works, Mahindra Ugine Steel Co Ltd, Delhi Golf Club and the Air Force Group Insurance Society are among the establishments that do not feature in the new list.
Source: Indian Express