How to calculate the net amount after deducting the liability of EPF Damages/Interest/penalty?

Poonam441
Sir, An employee left the job on 19.11.2019 without giving one month's notice. He/She deposited his/her one month salary amounting to Rs. 13610 on 25.2.2021 after the gap of more than 15 months. Now, Rs. 8620.00 is due to pay to her for 19 days salary after deduction of EPF Damages/Interest /penalty as per rules. PL guide me about how to calculate the net amount after deducting the liability of EPF Damages/Interest/penalty. PL shows me the calculations also.
Thanks and regards
KK!HR
Since the F&F settlement is done after more than 15 months, it is most likely that the PF account is closed but even if is active, since the PF is being deducted immediately following the payment, then there is no need to pay interest or penalty. If the PF account is closed you may pay the amount in full to the ex-employee otherwise you may try as above.
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