Hello Experts, My sister who is also a HR professional in a company is facing a Sec 7A notice and recovery u/s 14 of EPF Act.
The allegation on the given company is that EPF has not been paid since 2018.
However the given company had given an option to its employees who want to opt out of EPF and majority of the employees agreed on the same.
Thus the given company stopped deducting EPF for the employees and told their EPF consultant to prepare a reply to the given RPFO. However the consultant seemed to have not provided the same to the RPFO and now the company has to face the consequences.
Therefore I need to understand as to what should be approach now in dealing with RPFO as they have put a hefty liability and penalty on the given company.
Awaiting your valuable suggestion.
The allegation on the given company is that EPF has not been paid since 2018.
However the given company had given an option to its employees who want to opt out of EPF and majority of the employees agreed on the same.
Thus the given company stopped deducting EPF for the employees and told their EPF consultant to prepare a reply to the given RPFO. However the consultant seemed to have not provided the same to the RPFO and now the company has to face the consequences.
Therefore I need to understand as to what should be approach now in dealing with RPFO as they have put a hefty liability and penalty on the given company.
Awaiting your valuable suggestion.