7q 14b Damages Calculation

Sir,Please provide a solution for 14b and 7q (EPF). Our organization maintains an unrecognized PF and provides all benefits to staff. However, in 2013, the EPF department enrolled us back to 2009, and our organization made the payment. Now in 2017, heavy damages...

Sir, I have received a PF damages notice against 7Q and 14B. Can we get a concession in the payment?

Dear Ashish,In the case of the 'Pre-discovery period,' i.e., where the coverage is made after the due date, the damages are levied at 10% per annum. Moreover, the amount of employees' share is also not payable if contributions are not deducted from them. There i...

Dear Kazim,I am unable to download the attachment. Therefore, I kindly request you to attach it again or send it to my email yatin.pundhir@gmail.com.Thank you.

EFP Interest and Damages CalculationInterest: 12%Damages:- Less than 2 months: 5%- 2-4 Months: 10%- 4-6 Months: 15%- Above 6 months: 25%If paid in April, 18-month EPF paid on 11/6/18.Wages Due Date Paid Date Delay Days Account No Remittance Paid Damages 14B Inte...

Dear sir,Kindly download the options, please share.Regards,Biswarup Mishra

Dear Sir,PF dues are payable under section 7Q/14B, which is applicable for arrears as well. Please advise.Regards,ShradhaLocation: India