The employer of an establishment to which EPF Scheme applies is required to send a consolidated return of international workers within 15 days of application, and a monthly return indicating workers qualifying to become members and leaving service. The return should include basic wage, retaining allowance, dearness allowance, and food concession details. The employer must send a ‘Nil’ return if there are no international workers. The EPFO reviews the progress based on the monthly return, and the employer is directed to state whether any international worker is employed or send a ‘Nil’ return.
IW-1 is a monthly return that employers in India are required to file with the Employees’ Provident Fund Organization (EPFO) for their international workers. The IW-1 return must be filed in Form 5 within 15 days of the close of each month and includes details such as the names, nationalities, and Universal Account Numbers (UANs) of international workers who are eligible to become members of the EPF for the first time during the preceding month.
Additionally, the return must include declarations in Form 2 furnished by qualifying international workers, as well as a list of international workers who have left the employer’s service during the preceding month. Employers must also provide details of the basic wage, retaining allowance (if any), dearness allowance, and cash value of any food concession paid to each international worker.
It is crucial for employers to file accurate and timely IW-1 returns to ensure that their international workers can avail the benefits of the EPF scheme without any hassle. The EPFO reviews the progress based on the monthly return filed by the employer. If there are no international workers, the employer is required to send a ‘Nil’ return.