![]() ![]() > No need to submit other returns viz Form 5/10/12A,3A and 6A. > No paper return to be prepared and submitted to EPFO. ![]() The employer may choose to make the payment through internet banking of SBI or take a print out of the Challan and pay at any designated branch of State Bank of India (SBI). Once approved by the employer online Challan will be popped based on uploaded return. The registered employers can upload the Electronic Return and the uploaded return data will be displayed through a digitally signed copy in PDF format. Employers are requested to Register their establishments and create their user id and password through this portal. This paper study various technology aided disbursement channels of social security benefits in India.EPFO Launches online receipt of Electronic Challan cum Return (ECR) from the Month of April 2012 (March paid in April). Identifying efficient delivery systems, extending the coverage, linking with comprehensive policy, strengthening the mode of disbursement is the need of the day. Now Information Technology helps disbursement of these benefits through direct transfer into the bank accounts of the beneficiaries through electronic fund transfer systems. Disbursement of Social Security Benefits are influenced by external factors like changing economic and political pressure, rapid inflation, high unemployment, employment patter and financial constraints etc. Inclusion of entire Indian workforce under social security schemes is a challenge for the government. ![]() The Schemes for Provident Fund, Medical Insurance, Maternity Benefit, Compensation and Gratuity are prevalent in India. A comprehensive social security policy should link different schemes with inter complementary goals through a planned public approach rather than by a particular strategy. South Asian Countries are reluctant to bring structural transformation in social security measures due to massive informal sectors and poverty. These benefits will compensate against disability, sickness, retirement, employment injury and unemployment. ![]() It covers measures like compensation to injured workers, securing minimum pension benefit to low paid employees, reducing social cost of widowhood by appropriate tax measures, development of health services, grant of old age benefits and assistance to meet contingencies of life etc. It reduces social sufferings resulted from poverty, unemployment and diseases by compensating with financial benefits and medical care. Social Security seems to be the responsibility of the state to protect the workforce along with their dependents against certain occupational hazards formed on the ideals of human dignity and social justice. ![]()
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February 2023
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