Calculation Of Penal Interest And Damages Of Epfo Dues
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Do you need more clarification on the above subject? I can help you free of cost.Lakshminaryana9866917232
I am new to this field, so kindly help me with Account 21, Account 22, and Account 10\.Thank you!
Dear Members,I have made a late payment of EPF for many members of my small firm. This was due to an accounting glitch as many new members were not onboarded in our internal EPF tracker, and hence we forgot to pay EPF for them for several months. It has been cor...
Dear All,I need some information. One of our clients has EPF and ESI. How to file a nil return?
Dear All,I need some information. One of our clients has EPF and ESI dues for 8 months, and they want to clear it. My questions are:1\. What is the penal interest and damages they need to pay in the case of PF?2\. What is the interest rate and damages for ESI?I ...
Sure, here is the corrected version of your text:–-Sir, EPF late payment challan calculation kaise kare?---
The proviso to section 14B says that:"Provided further that the Central Board may reduce or waive the damages levied under this section in relation to an establishment which is a sick industrial company and in respect of which a scheme for rehabilitation has bee...
If you are a unit declared as sick, there will be available a scheme of rehabilitation by BIFR. You can submit these papers before the Assistant PF Commissioner at the time of your hearing (under 14B) on the scheduled day, and he will refer the same to the Centr...
One of our clients has made a delay in the EPF contribution payments. Now, the client has received a notice from the EPF office insisting on making the penal damages and interest thereon. As per Section 14B, the Central Board has the power to waive off the penal...
Thank you so much, Mr. Madhu TK, for your timely reply. Should we approach the jurisdictional office, requesting them to reduce the PD? If the jurisdictional officer refuses to reduce the PD, should we then approach the Central Board?