When is the last date for PF filing?
Applicability:
Applicable for all entities in India having more than 20 employees.
Due date of Monthly PF filing:
Must deposit a total of 12% or 10%(as applicable) of the employee's wages as PF on or before the 15th(due date) of every month.
Due date of PF returns filing:
Must be filed by all entities, registered under the Provident Fund, before the 25th(due date) of each month. A final PF return is due on the 25th of April for the year ending on 31st March.
New Updates:
1. EPFO has decided to withdraw the grace period of 5days to remit the PF deposit in case of any delay or holidays.
2. Remittances made under such circumstances as public/bank holiday will be treated as a normal payment, and will not incur penal damages.
Penalty for delayed payment:
Delay & Penalty
Up to 2 months: 5% per annum
2 months to 4 months: 10% per annum
4 months to 6 months: 15% per annum
Exceeding 6 months: 25% per annum
(It may correspondingly go up to 100%)
