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hrd@pps.in
1

Dear All, Kindly let me know due date for PF Monthly Contribution payment.Is there any grace period ? Regards, Ashwini
From India, Bangalore
bcarya
162

Dear Ashwini,
The due date for submission of Monthly EPF Contribution is the 15th day of following month.
Vide EPF Circular No. C/MD/Apply/Genl/64 dt. 28-04-1964, all the unexempted establishments were allowed 5 days grace period.
The circular is attached.
Hope this will helpful for you and all other members.

From India, Delhi
Attached Files (Download Requires Membership)
File Type: pdf PF Grace Period.pdf (85.3 KB, 815 views)

saswatabanerjee
2383

The grace period mentioned in the circular applies only to Tamil Nadu I think.
It has been issued by the Chennai Office of the EPFO.
I do not think other departments have issued such a circular.
Secondly, that was in year 1964 and i dont think it is relevant today.

From India, Mumbai
korgaonkar k a
2556

Dear members,
I would request you all to read and have in-depth study in the below given link:
https://www.google.com/url?q=https:/...Z6qfi0CEbq_gPw

From India, Mumbai
saswatabanerjee
2383

So, the grace period circular is still applicable ? And does it apply to the entire country ?
From India, Mumbai
korgaonkar k a
2556

Dear Saswata ji,
On grace period of 5 days, there are two circulars by CPFC first one bearing No.E.128(1) 60-III dated 19.03.1964 and second one bearing No.E11/128 (section 14-B Amendment)/73 dated 24.10.1973.
Both the circulars by CPFC are in vogue till date all over India. Both the circulars I am trying to get through various sources since long. Can any one help me?

From India, Mumbai
saswatabanerjee
2383

To the best of my knowledge, there was a grace of 1 day given for electronic payments, that too because it clears immediately as compared to payment by a cheque. The circulars for grace period were only in the nature of advisory to the field officers not to take legal action on minor delays. In case of repeated delays, this would (to my knowledge) it would not apply. In any case, there is no grace period in the online systems which compute interest of any delay

From India, Mumbai
korgaonkar k a
2556

Dear Saswata ji,
I do agree with you to the extend only up to grace period is to be sparingly used and it can not be a regular practice. Rest of the things I leave to other seniors and experts to comment.

From India, Mumbai
Yatin Nandedkar
Thanks for the information..by any one help us to know, can we make e-payment to avoild last minute hassle and ensure deposits are made with in timelines.
From India, Thane
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