Hi Seniors,
Please guide me on PF Contribution as per the below case: For any new joiner, we processed the salary for two months together in April (March & April) and paid PF contributions on the arrear payment. The current month's contribution is paid on time before the 15th of May. In this scenario, do I need to pay any penalty for the late contribution for March?
Please share any notifications or official references for this situation.
Regards, Shalaka from Mumbai
Please guide me on PF Contribution as per the below case: For any new joiner, we processed the salary for two months together in April (March & April) and paid PF contributions on the arrear payment. The current month's contribution is paid on time before the 15th of May. In this scenario, do I need to pay any penalty for the late contribution for March?
Please share any notifications or official references for this situation.
Regards, Shalaka from Mumbai