Please Help: Employee Provident fund Act
Posted Date : 20-Dec-2013 , 01:32:27 pm | Posted By: Kapil Singhal
Category :
Audit | Answers :
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Provide whether any interest is payable on late payment of monthly contribution in epf account? |
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Answers:
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Answer by: Shankygarg |
yes,
Penal Interest under section 7Q:
No.of days delayed in making payment x 12% p.a
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