CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

EPF&ESI Interest


anand maru   21 August 2019

anand maru

 1 likes  19 points

| My Other Post

can interest is charged if I delay the payment of EPF & ESI for single day i.e.on 16 of the next month????

avater

Rohika PS (student)     21 August 2019

Rohika PS
student 
 16 likes  249 points

View Profile | My Other Post

# No.of days delayed in making payment x 12% p.a
Penal Damages under section 14B:
# No.of days delayed in making payment x 5% p.a (Less than 2 months)
# No.of days delayed in making payment x 10% p.a (2 months and above but less than 4 months)
# No.of days delayed in making payment x 15% p.a (4 months and above but less than 6 months)
# No.of days delayed in making payment x 25% p.a (6 months and above)

avater

Kapadia Pravin   21 August 2019

Kapadia Pravin

 911 likes  14263 points

View Profile | My Other Post

Requesting that this forum is for Income tax related queries only


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »