Considering the situation created by COVID-19 & Lockdown Extension, EPFO has provided One Month EPF Date Extension in Challan Filing Date to Employers disbursing the wages for March 2020 through extension in due date for payment of EPF dues for March, 2020 & they also avoid liability of interest and penalty, if they remit on or before May 15, 2020.
The due date for March, 2020 is ordinarily April 15, 2020. So grace period of thirty days has been allowed to the establishments covered under EPF& MP Act, 1952 to remit the contributions and administrative charges due for March 2020.
The employers disbursing the wages for March 2020 not only get one month EPF Date extension of due date for payment of EPF dues for March, 2020 but also avoid liability of interest and penalty, if they remit on or before May 15, 2020,” it added.
The above decision will support and provide relief to employers of establishments which have disbursed wages for March, 2020 to its employees and an incentive to employers for wage payment during COVID-19 pandemic.
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