hello
my query is i want to pay arrears salary for that there is EPF part also
and Profession Tax
so when i pay arrears salary which belongs to 5 months back do i need to pay interest on EPF and PT amount till date of payment when i deposit EPF and PT to department?
plz. note EPF and PT on arrears was not deducted earlier.
thanks in advance
Yes. You have to deduct EPF as per latest rules of rates in EPF. and submit supplementary returns. No need to calculate any interests on arrears of EPF.
T R SOOD & CO
New Delhi
CA Inter
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Sri Aurobindo Gnostic Centre of Education
New Delhi
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