EPFO alert: Employees' Provident Fund Organisation to start e-inspection of EPF scheme to monitor compliance
EPFO alert: Employees' Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers
EPFO alert: Employees' Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers, an official said on Friday.
The EPFO is a firm believer of voluntary compliance and wants to understand the industry issues in case of default and non-compliance of the scheme, Central Provident Fund Commissioner Sunil Barthwal said.
"The EPFO will start an e-inspection system to monitor voluntary compliance by the employers," Barthwal said at a CII event here.
He said the EPFO is now working on a process whereby a person will be able to get his or her provident fund on the day of retirement and avail timely pension benefits.
Barthwal said that linking the Universal Account Number (UAN) with Aadhaar is required for getting maximum benefits of the provident fund.
In another news, railway employees will now be able to see data related to their service on mobile app. The railway employees will also be able to communicate with the administration for any changes, if required, on an integrated mobile application.
The mobile application -- HRMS Employee Mobile App for Indian Railways -- was launched by Railway Board Chairman Vinod Kumar Yadav on Thursday.
Designed by the Centre for Railway Information System (CRIS), all employee data will now be integrated into this app, a statement issued by the railways said.
"This mobile application allows an employee to view his historical data since his date of joining the railways, including the details related to his increments, promotions, awards, transfers, postings, leave, training and composition of family as per the records and nominations for retirement benefits," the statement said.
This information is not readily available to an employee at present.
"It brings transparency to administration. This application will be a single-window communication system between railway employees and the administration," the statement added.
The data of 93 per cent (11.19 lakh) serving railway employees has already been collected in this module.
"This mobile app provides an important link to railway employees to communicate with the administration regarding the change required in their data for validation," the statement said.
See Zee Business Live TV Streaming Below:
Apart from the information related to their profile and scanned copies of their service record, the employees can also see the e-service record, which is compiled on the basis of the entries made in the HRMS app.
The HRMS app is available on Google Play Store.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.