Taxation And Hr
Senior Associate At Themis Group
Manager - Hr & Administration
This info. shared by Mr. embar.thiru is a Truly Very Useful One. Plz do go thro it dear all. Tnxs A Lot for sharing the same @ embar.thiru. Keep sharing such useful ones even in the future.
Regards to all.
Mody Harish M.
KGK Diamonds (I) Group,
(+91 97236 96738.)
28th May 2012 From India, Surat
But there is one doubt, since it is judgement of May 2001. Whether there are any changes or notifications made by
the under PF act. ?
Because it is a general practice of our Govt. that any judgment goes against the Govt. then they make changes
in the act.
Hence it is needed to be confirm whether this stand is still in exhistance / applicable.
29th May 2012 From India, Pune
30th May 2012 From India, Pune
Good Job, having the judgement. I think that it will not in used as per EPF Act. The Dues month is the Salary Paid Month. i.e. If we are making Salary for 03 2012 in 04 2012, then Challan Payment last date is 15.04.2012. As the EPF Act.
30th May 2012 From India, Surat
About your query and according PF CHAPTER V,PARA 32 A at page 45 If Where an employer makes default in the payment of any contribution in this behalf, may recover from the employer by way of penalty,
damages at the rates given below:—
Period of default Rate of damages (% of arrears per annum)
(a) Less than two months - 17 %
(b) Two months and above but less than four months - 22 %
(c) Four months and above but less than six months - 27 %
(d) Six months and above 37
according this rate we can not submit before or advance if concern Deptt. send to notice to submit than we can reply and submit.
also go through Attachment
HAVE A NICE DAY
31st May 2012 From India, Calcutta