Dear My Teams,
We have started the ECR transaction from March 2012 onwards and have paid all contributions until September 2012 within the stipulated time. Now, we have identified a problem with the ECR upload starting from March 2012. We have realized that we incorrectly detailed the contributions.
The issue at hand is that the Employer contribution (3.67%) should have been deposited in account no. 01, while the Employees' Pension Contribution (8.33%) should have been deposited in account no. 10. However, in the ECR transaction, we mistakenly stated that the employer contribution amount (3.67%) was deposited into the Employees' Pension account (A/c No. 10). Similarly, the employee pension amount (8.33%) was deposited into the Employer contribution account (A/c No. 01).
Please provide your valuable suggestions on how to rectify this problem.
Best Regards,
Prabahar
From India, Vellore
Acknowledge(0)
Amend(0)
We have started the ECR transaction from March 2012 onwards and have paid all contributions until September 2012 within the stipulated time. Now, we have identified a problem with the ECR upload starting from March 2012. We have realized that we incorrectly detailed the contributions.
The issue at hand is that the Employer contribution (3.67%) should have been deposited in account no. 01, while the Employees' Pension Contribution (8.33%) should have been deposited in account no. 10. However, in the ECR transaction, we mistakenly stated that the employer contribution amount (3.67%) was deposited into the Employees' Pension account (A/c No. 10). Similarly, the employee pension amount (8.33%) was deposited into the Employer contribution account (A/c No. 01).
Please provide your valuable suggestions on how to rectify this problem.
Best Regards,
Prabahar
From India, Vellore
Acknowledge(0)Amend(0)
Dear Prabahar,
The problem you had faced has also been faced by one of my clients. They too have done what you have done - paid the EPF into EPS Account and vice versa. We had then approached the EPFO, and the senior programmer there had told us that at present, there is no way the amount, if already paid and the CRN Number is generated, could be adjusted. Only if the amount is not yet paid, the dues could be changed by rejecting the ECR online. They said that not only these kinds but many other kinds of complaints are being received by them, and they have also referred the matter to their Head Office for further amendment in the online process. They said that it being not a small problem will take some time to be corrected/implemented. Until then, you should just inform your concerned office Accounts Branch with sufficient proof for information and future reference.
Sincerely,
Amit Kumar
From India, Delhi
Acknowledge(0)Amend(0)
26The problem you had faced has also been faced by one of my clients. They too have done what you have done - paid the EPF into EPS Account and vice versa. We had then approached the EPFO, and the senior programmer there had told us that at present, there is no way the amount, if already paid and the CRN Number is generated, could be adjusted. Only if the amount is not yet paid, the dues could be changed by rejecting the ECR online. They said that not only these kinds but many other kinds of complaints are being received by them, and they have also referred the matter to their Head Office for further amendment in the online process. They said that it being not a small problem will take some time to be corrected/implemented. Until then, you should just inform your concerned office Accounts Branch with sufficient proof for information and future reference.
Sincerely,
Amit Kumar
From India, Delhi
Acknowledge(0)Amend(0)
Hi,
Prior to digitization, contributions are adjusted in the following month. Now, as it is programmed, such possibilities are common due to human error or not having sufficient knowledge on the process of payments to EPFO. It can only be resolved at connected RPFO, please represent.
Finally, they may come with a suggestion to adjust; it is the only solution appearing before us.
From India, Hyderabad
Acknowledge(0)Amend(0)
Prior to digitization, contributions are adjusted in the following month. Now, as it is programmed, such possibilities are common due to human error or not having sufficient knowledge on the process of payments to EPFO. It can only be resolved at connected RPFO, please represent.
Finally, they may come with a suggestion to adjust; it is the only solution appearing before us.
From India, Hyderabad
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.