I run a security agency. The salary is laid down by GOI and gets revised twice a year wef Apr and Oct but the revision gets published after 2-3 months (generally in Jun and Dec) and accordingly we pay the arrears of salary to the employees.
The EPF is also paid using the ECR format for arrears while mentioning the wage month to which the arrears pertain. This contribution is paid with 15 days of payment to the employees. Yet the EPF portal auto generates 7Q-14B challans for delayed payments of PF counting the period from the wage month.
Please guide on how to pay PF on arrears without incurring the liability of interest.
From India, Pune
5The EPF is also paid using the ECR format for arrears while mentioning the wage month to which the arrears pertain. This contribution is paid with 15 days of payment to the employees. Yet the EPF portal auto generates 7Q-14B challans for delayed payments of PF counting the period from the wage month.
Please guide on how to pay PF on arrears without incurring the liability of interest.
From India, Pune
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Clubbing of allowances with basic pay under PF Act.pdf