MCA provides new companies incorporated through SPICe+ relaxation in filing EPFO/ESI returns

The Ministry of Corporate Affairs (MCA) vide news update has provided relaxation to new companies incorporated through SPICe+ and thereby have obtained EPFO/ESI numbers in filing statutory returns under Employees Provident Fund (EPF) and Employees State Insurance(ESI).

Those companies have to will have to file statutory returns only when they cross thresholds prescribed under the Employees’ Provident Funds and Miscellaneous Provident Act, 1952 and the Employees State Insurance Act, 1948.

Source: MCA official website.

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