Epf payment due date
SUDHAKARAN V T
(Querist) 19 July 2013
This query is : Resolved
There is ambiguity on the following;
As per EPF Act, the EPF contributions pertaining to Salary/Wages shall be remitted to Govt. within 15 days of close of each month. i.e EPF contributions pertaining to salary/wages for JAN is to be remitted to Govt. by 15th FEB.
But there are other opinions, as given below , citing some case laws;
if the salary/wages pertaining to JAN is paid to employees during FEB, then EPF contributiins needs to be remitted by 15 MAR only.
Hence kindly clarify the above matter.
Rajendra K Goyal
(Expert) 19 July 2013
Due date for payment of Provident Fund contributions is 15 days from the end of month in which wages are paid (plus grace period of 5 days). Thus, if wages pertaining to July’ 2013 is paid on, say, 7th Aug’ 2013, due date for payment of Provident Fund contribution is 20th Sept’ 2013.