Provident Fund (PF) payments are due on the 15th of each month . The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month.
What is the due date for PF payment?
Provident Fund (PF) payments are due on the 15th of each month . The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month.
What is the due date for PF payment for April 2020?
The EPFO vide notification dated 15th April 2020 had extended the due date for payment of contributions and administrative charges/Inspection charges due for the wage month of March 2020 from 15th April 2020 to 15th May 2020 .
Is PF payment date extended?
EPFO extends challan filing date for employers by a month to May 15 . “The employers disbursing the wages for March 2020 not only get relief of extension of due date for payment of EPF dues for March, 2020 but also avoid liability of interest and penalty, if they remit on or before May 15, 2020,” EPFO added.
Is there any extension for PF payment for April 2021?
Though the ESI contribution payment due date for the month of April 2021 is extended, however, there is no extension in the due date for the payment of EPF contribution for the month of April 2021 when both the contributions come under labour laws and are managed by the labour ministry.
What is the due date for payment of ESI and PF?
| Particulars Due Date | Filing of ECR on or before 15 th of following month | PF Annual Return 25 th April |
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How is PF penalty calculated?
For 0 — 2 months delay – @ 5 % p.a. For 2 — 4 months delay – @10 % p.a. For 4 — 6 months delay – @ 15 % p.a. For delay above 6 months – @ 25 % p.a. (subject to a maximum of 100%)
What is the due date for payment of ESI and PF for March 2020?
Payment & Filing due dates for PF, ESI, TDS [With penalties]
“ESI contribution due date for February 2020 and March 2020 is extended till 15th April 2020 and 15th May 2020 respectively.” For more information read our blog – ESI contribution.
What if PF is deposited late?
In case of delay of PF challan payment, the following penalties are applicable: Interest for late payment: Under Section 7Q an interest of 12% per annum , is levied on the employer every day in case of failure to deposit the EPF contribution before the deadline.
What is the due date for TDS payment for April 2021?
| Month of Deduction Quarter ending Due Date for filing of Return for the financial year 2020-21 for all the deductors | April 30th June 31st March 2021 | May | June | July 30th September 31st March 2021 |
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Is ESI half yearly return mandatory?
ESIC returns is required to half yearly . i.e. for the period of April to September by 12 th November and for the period from October to March by 12 th May.
How can I pay ESI late payment?
- Log in at the official website of the ESIC esic.in;
- Enter ID and password;
- Click at “Online Monthly contribution”;
- Fill the payment details;
- Click at the submit button below;
- Now the click will redirect you to pay online via SBI online;
What is the salary limit for ESI?
The existing wage limit for coverage under the Act effective from 01.01. 2017 is Rs. 21,000/- per month (Rs. 25,000/- per month in the case of Persons with Disability).
How can I pay esic after due date?
To file the return, the employer must first verify if all the employee details are up to date and then file the return. The employer must then fill the bank details and submit them to file the returns. After that, the employer can go to the ‘ List of Actions’ and ‘Generate Challan ‘.
What is PF penalty in electricity bill?
The power factor penalty is an incentive for the customer to pay attention to the power factor at their operation and consider installation of power factor correction capacitors rather than pay a penalty. ... This extra amount would be the penalty paid because of the low power factor.
How can I check my PF TRRN status?
- On the Opened Page, Enter the TRRN number in the given field.
- Enter the Captcha Code in the respective field.
- Click on the Search Button.
- It then takes the candidate to the below-given page.
