Dear All,
Please find attached latest circular / notification dated 22
June 2015 about "Mandatory Deposit
of Contributions through Internet Banking" from Employee's Provident
Fund Organisation (EPFO) which states that the Central Government in exercise
of the powers conferred by section 5 read with sub-section (1) of section 7 of
the EPF & MP Act, 1952 made it mandatory for employers to pay the statutory
contributions through Internet Banking.
It has also stated that the facility to give option of
payment through physical mode of payment (bank drafts or banker's cheques or
cheques) for transitory period is being considered at appropriate level.
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