Please tell me rules of late depositing of PF Amount in EPF account?? and also the late payment of ESI and His interest rate
From India, Gurgaon
From India, Gurgaon
Hi Buddy,
please visit the attached link to clarify your doubt
https://www.citehr.com/409305-calcul...-dues-xls.html
With regards
Mr.Thumbs Up
From India, Chennai
please visit the attached link to clarify your doubt
https://www.citehr.com/409305-calcul...-dues-xls.html
With regards
Mr.Thumbs Up
From India, Chennai
Dear Mr Goel,
Greetings for the day,
Your answer will be as follows :
Delay in deposit of P.F. dues attracts penal damages,& Damages are levied at the following FLAT RATES:
1. For 0 — 2 months delay - @ 5 % p.a.
2. For 2 — 4 months delay - @10 % p.a.
3. For 4 — 6 months delay - @ 15 % p.a.
4. For delay above 6 months - @ 25 % p.a. (subject to a maximum of 100%)
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
Greetings for the day,
Your answer will be as follows :
Delay in deposit of P.F. dues attracts penal damages,& Damages are levied at the following FLAT RATES:
1. For 0 — 2 months delay - @ 5 % p.a.
2. For 2 — 4 months delay - @10 % p.a.
3. For 4 — 6 months delay - @ 15 % p.a.
4. For delay above 6 months - @ 25 % p.a. (subject to a maximum of 100%)
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.