Please Help: Employee Provident fund Act
Posted Date : 20-Dec-2013 , 01:32:27 pm | Posted By Kapil Singhal
Provide whether any interest is payable on late payment of monthly contribution in epf account?
Category : Audit | Answers : 1 | Comments : 1 | Hits : 255
Answers
Answer By: shankygarg
yes,
Penal Interest under section 7Q:
No.of days delayed in making payment x 12% p.a
Penal Interest under section 7Q:
No.of days delayed in making payment x 12% p.a
Comments
Kapil Singhal
23-Dec-2013 , 04:32:43 pmthanks