Employer deducted PF from your salary but did not deposit it with EPFO? Here's whether your interest will be affected
New Delhi, Aug. 14 -- When a company deducts money from an employee's salary towards the Employee's Provident Fund (EPF) and adds the matching employer contribution, the amount must be deposited with EPFO by the 15th of every month.
EPF is a government-backed savings scheme, in which both employee and employer contribute 12% each of the employee's basic salary and dearness allowance. According to the EPF-2026 framework, this contribution is capped at Rs.1,800 for both the parties, though they can choose to contribute more funds into the scheme on a voluntary basis.
However, delays in depositing these dues are not uncommon, and such situations often leave employees worried about whether a late deposit could affect the interest credited t...
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