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Whether the member is entitled for full interest on the belated deposit of PF dues by the employer?

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Omar Omar
Answered on December 06,2019

After realising the dues, the PF members will be given full interest for each due month and it will in no way affect the interest due to members on the contributions paid. The employer shall be charged penal interest under section 7Q and penal damages under section 14B of the Act respectively.

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