sebuks Started The Discussion:Dear All,
In an industry, due to financial problem, Pf contribution is not paid in time. There is about 6 nmoths delay in paying the contribution.
Those workers resigning from the company are suffering due to the non payment of pf contribution in time.
Since the company is bound to pay 12% interest and up to 37% of damage (Total 49%) for the delayed payment, does the PF department has the obligation to give the complete amount of PF eligible to them as per 3A updated till the date of resignation, beofre getting the dues from the company. . Please note that 3- 4 months contribution are yet to be paid towards them. If not, what is the big idea of demanding upto 49% of interest+ damage from the employer.
Can any one give an answer?
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