Employees' Provident Fund Organisation has extended the challan filing date for employers by a month to May 15 for the month of March besides waiving off any interest liability and penalty in the extended period. This would give some respite to employers stuck with closed establishments following a nationwide lockdown since March 25.
"The due date for March, 2020 is ordinarily April 15, 2020. So grace period of thirty days has been allowed to the establishments covered under EPF& MP Ac, 1952 to remit the contributions and administrative charges due for March," EPFO said in a statement on Wednesday."The employers disbursing the wages for March 2020 not only get relief of extension of due date for payment of EPF dues for March, 2020 but also avoid liability of interest and penalty, if they remit on or before May 15, 2020," it added.
Labour ministry is of the view that the above decision will support and provide relief to employers of establishments which have disbursed wages for March, 2020 to its employees and an incentive to employers for wage payment during COVID-19 pandemic.
The move is in keeping with the objective of the Pradhan Mantri Garib Kalyan Yojana to prevent disruption in employment and ensure earning to employees to help them fight the pandemic, it said.
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