Please note that Employers
to Deposit PF Contributions by New Date 15th without any grace period- EPF
Circular dated. 8 Jan 2016
The EPFO has issued EPF Circular No. WSU/9(1)2013/Settlement/35031
dt. 8 Jan., 2016, removing the grace period of 5 days for
depositing PF and hence Feb., 2016 onwards the due date shall be 15th instead
of 20th.
In the present era, employers compute the wages and EPF liabilities
electronically (in most of the cases on real time basis) and file Electronic
Challan-cum-Return (ECR). The remittances are also being deposited through
Internet Banking. This has reduced the process and time taken in calculation of
PF dues and its remittances in the bank. Accordingly, it has been
decided that concession of grace period of 5 days available to the employers
for depositing the contribution & other dues is withdrawn herewith.
This decision shall apply from
February, 2016 (contributions for month of January, 2016 and payable in the
month of February, 2016).
The employers shall pay the contribution and other dues as envisaged under EPF & MP Act, 1952 and Schemes framed there within fifteen days of those of every month.
Employers to Deposit PF Contributions by New Date 15th without any grace period EPF Circular dated. 8 Jan 2016.
The employers shall pay the contribution and other dues as envisaged under EPF & MP Act, 1952 and Schemes framed there within fifteen days of those of every month.
Employers to Deposit PF Contributions by New Date 15th without any grace period EPF Circular dated. 8 Jan 2016.
No comments:
Post a Comment