Management and Regulation of EPF Exempted Establishments – EPFO releases comprehensive SOP

Management and Regulation of EPF Exempted Establishments – EPFO releases comprehensive Standard Operation Procedure (SOP) vide OM dated 06.10.2023

EMPLOYEES’ PROVIDENT FUND ORGANISATION
MINISTRY OF LABOUR & EPLOVMENT, GOVERNMENT OF INDIA
Head Office
Bhavishva Nidhi Bhawan. 14. Bhikaiji Cama Place. New Delhi-1100606

File No. E-III/10(116)2023/SOP-ManagementandRegulation/107/

Dated: 06 OCT 2023

To,
All ACC(HQ)/ACC (Zones)
All RPFC-I/RPFC-II/APFC In-charge of Field Offices

Subject: Standard Operation Procedure (SOP) for Management and Regulation of EPF Exempted Establishments — regarding

Madam/Sir,

Please find attached herewith the SOP for the Management and Regulation of EPF Exempted Establishments. The said SOP describes the process of compliance to be done by the exempted/relaxed establishments managing their own Trust and the regulations thereof as per the conditions delineated in the statute.

This SOP is in supersession of all the previous instructions and circulars issued till date. The list of circulars and instructions to be superseded is annexed herewith as Annexure — I.

The Form RM – 5 and Form RM – 6 of the SOP i.c., Balance Sheet of the Trust Fund and the format of the Third Party Audit, are under preparation and shall be issued separately.

The ACC(HQ)/ACC (Zones) are requested to ensure compliance of this SOP in their respective offices and in the regional offices under jurisdiction.

All RPFC-I/RPFC-II/APFC In-charge of Field Offices are to ensure the compliance thereof in their respective offices.

[This issues with approval of CPFC]

Yours faithfully,

(SAURABH SUMAN PRASAD)
(RC-I/Exemption)

Enclosed:
1. Approved SOP for Management and Regulation of EPF Exempted Establishments.
2. Annexure-I containing all the previous circulars/instructions superseded.