Actually my question was not to know only the amount of interest. I want to know what the consequences, if PF is not deposited on time. When PF inspector or PF Commissioner can initiate proceeding against the employer ? Suppose employer has deposited the empolyee share though delayed and employer's share is pending for over one year, what types of proceedings may be intiated. Can bank account be attached and in that case whether it is duty of the Bank also to inform the party? In case payment is made, so bank account can be made operative immediately or again to wait for order from PF Authorities. Is there any case law or Supreme Court rulings on the same.
Kindly enlight me
From India, Faridabad
Kindly enlight me
From India, Faridabad
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