COVID-19: NASSCOM representation to the PF Authorities seeking relaxation from PF contribution time limit
Blog: NASSCOM Official Blog
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.
For any further information/ concerns, kindly reach out to deepak@nasscom.in
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