Esi

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2012 can anyone tell me what is the interest rate for ESI delayed payment, and about the procedure.

07 March 2012 For delayed payment over 30 days, the employer has to pay interest at the rate of 12% pa.

SOURCE: http://esic.nic.in/act-rti/new_page_3.htm

FOR CLARIFICATION :

https://www.caclubindia.com/judiciary/penalty-on-epf-delay-payment-590.asp


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