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PF Due date grace period for deposits is now removed

In a circular by the EPFO it has been notified that, the PF due date grace period which was provided for the payment of PF amount has now been removed.   Earlier, the employers had to pay the PF contributions and the administrative charges by 15th of every month. A grace period of 5 days had been provided as well.   Now, according to the latest circular, this grace period, which was given on the due date for payment has been removed. This will be applicable from the February, 2016. This means that the contributions for the month of January i.e., PF contributions and...

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