The Employees’ Provident Fund Organisation (EPFO) on Wednesday extended the due date for filing of Electronic Challan cum Return (ECR) to May 15 following the Central government’s move to extend the nation-wide lockdown till May 3.
Typically, the due date of filing ECR for any wage month is 15th of the subsequent month. In the case of March, a grace period of 30 days has been allowed to the establishments which are covered under EPF and MP Act, 1952 to remit the contributions and administrative charges.
The Ministry of Labour and Employment in a statement said, “Considering the unprecedented situation created by COVID-19 and lockdown announced by the Central Government…the due date for filing of Electronic Challan Cum Return (ECR) for wage month March, 2020 is extended up to May 15, 2020 for employers who have paid wages to their employees for March, 2020.”
The relief will benefit about six lakh establishments to file ECRs without default by paying salary to about five crore employees. This includes four lakh establishments eligible under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) package which was launched on March 26 to help poor fight the battle against Coronavirus.
“The employers disbursing the wages for March 2020 not only get relief of extension of due date for payment of EPF dues for March but also avoid liability of interest and penalty, if they remit on or before 15.05.2020,” the EPFO statement added.
As part of the PMGKY package, with a view to prevent disruption in the employment of low wage earning EPF members and support EPF covered establishments employing up to one hundred employees, the Central Govt. proposes to grant relief in form of credit of EPF & EPS contributions (24% of wages) for three months in UANs of contributory EPF members, earning monthly wage of less than Rs.15,000, who are already employed in EPF covered establishments/factories employing up to one hundred employees with 90% or more of such employees earning monthly wage of less than Rs.15,000.