Hi, We are herewith attached the PF Damages under section (14B) & Interest under section (7Q) calculation and sample authority notification. Kindly go through the same and revert back if any clarification required.
Rate for PF Damages & Interest FOR LATE DEPOSIT OF CONTRIBUTION
DAMAGES (14B)
MONTH RATE
LESS THAN 2 MONTHS 5%
LESS AND ABOVE BUT LESS THAN UPTO 4 MONTHS 10%
LESS AND ABOVE BUT LESS THAN UPTO 6 MONTHS 15%
6 MONTHS AND ABOVE 25%
INTEREST(7Q) 12%

From India, Bengaluru

Attached Files
File Type: xls PF Interest & Damages Calculation.xls (32.0 KB, 2972 views)

Could you please the similar excel sheet with new rates?
From India, Bengaluru
how money PF damage for late deposit after one year.
From India
sir how to calclate the damages charges
From India, Pune
This calculation based on old rates
From India, Delhi
Thank you this is good format
From India, Pune

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