If any organization wrongly contributes short or excess amount in pf, esic of employees, then what is the solution?
From India, Kolkata
From India, Kolkata
Pay it along with the next payment and pay interest and damages when called for the period of delay in payment. If you have made an excess payment, you should not try to adjust in the next payment but write to the concerned office of ESI/ EPFO and get it reconciled and then adjust it. Since the payments and submission of returns are online the system will not accept any such adjustments.
From India, Kannur
3889From India, Kannur
PF ESIC.xls