Topics In Demand
Notification
New

No notification found.

Blog
COVID-19: NASSCOM representation to the PF Authorities seeking relaxation from PF contribution time limit

March 26, 2020

847

0

In the wake of Covid-19 situation and Government announcing lock downs, NASSCOM recently made a representation to the Employee Provident Fund Organization (EPFO), highlighting the need to relax the current statutory time limit for making PF contribution by a month.

Given the current situation, many organizations are facing challenges in meeting statutory deadlines PF, ESIC, GST etc., due to several operational and logistical issues, including small and mid-size companies, and start-ups.

The Employee State Insurance Corporation (ESIC) vide notification (No. P-11/14/Misc./1/2019-Rev) dated 16.03.2020, also previously relaxed the time limit for making the statutory contribution towards ESIC for the month of February 2020 and March 2020, by a month.

In our representation, we have suggested EPFO to kindly consider extending the statutory provident fund contribution timeline for the months of March 2020 and April 2020 by at least one month.

Latest Update (April 2020):

Given the Covid situation and in line with NASSCOM request,  the EPFO extended the date for filing of ECR return for the month of March by 30 days. The last date for filing ECR is now 15.05.2020 for March month.  A copy of the notification can be accessed from here.

For any further information/ concerns, kindly reach out to deepak@nasscom.in


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


© Copyright nasscom. All Rights Reserved.