Dear MT52, The EPFO has already issued a circular in this respect. Pl.see the same attached.
From India, Bangalore
From India, Bangalore
This is a circular issued to the Regional Offices directing the Asst. PF Commissioners to dispose of the cases pending under section 7A of the Act and to initiate and strengthen the activities of the field Enforcement Officers to find out who all are paying PF without considering the actual meaning of the basic wages.
Now, in respect of establishments against whom action to determine omission has been initiated, a final order will be issued to pay the difference. Additionally, notices under sections 14B and 7Q will be sent for the recovery of damages and interest.
In respect of other establishments against whom no action has been initiated so far, a notice under section 7A will be served, and an assessment of PF dues on the omitted part of wages will be conducted. If you wait until such notice comes, you will have to pay more interest and damages. However, if you start calculating the PF dues based on the interpretation of the law by the Supreme Court, you can avoid payment of interests and damages.
From India, Kannur
Now, in respect of establishments against whom action to determine omission has been initiated, a final order will be issued to pay the difference. Additionally, notices under sections 14B and 7Q will be sent for the recovery of damages and interest.
In respect of other establishments against whom no action has been initiated so far, a notice under section 7A will be served, and an assessment of PF dues on the omitted part of wages will be conducted. If you wait until such notice comes, you will have to pay more interest and damages. However, if you start calculating the PF dues based on the interpretation of the law by the Supreme Court, you can avoid payment of interests and damages.
From India, Kannur
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