{"id":172215,"date":"2020-05-15T18:53:22","date_gmt":"2020-05-15T18:53:22","guid":{"rendered":"http:\/\/punjabpost.in\/welcome\/?p=172215"},"modified":"2020-05-15T18:53:22","modified_gmt":"2020-05-15T18:53:22","slug":"relief-to-establishments-covered-under-epf-and-mp-act-1952","status":"publish","type":"post","link":"https:\/\/punjabpost.in\/welcome\/172215","title":{"rendered":"Relief to establishments covered under EPF and MP Act 1952"},"content":{"rendered":"<p><span style=\"color: #ff0000;\">No penalty for delayed deposit of dues during lockdown<\/span><strong><br \/>\n<\/strong>New Delhi, May 15 (Punjab Post Bureau) &#8211; Due to prolonged lockdown announced by the Govt. to control the spread <img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-170736 alignright\" src=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2020\/04\/EPFO.jpg\" alt=\"\" width=\"400\" height=\"311\" srcset=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2020\/04\/EPFO.jpg 400w, https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2020\/04\/EPFO-300x233.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>of COVID-19 and other disruptions due to pandemic, establishments covered under EPF &amp; MP Act, 1952 are distressed and unable to function normally and pay the statutory contributions in time.<\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Considering the difficulty faced by the establishments in timely deposit of contributions or administrative charges due for any period during lockdown, the EPFO has decided that such delays due to operational or economic reasons shall not be treated as default and penal damages should not be levied for such delay.<\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Circular dated 15.05.2020 has been issued to Field Offices of EPFO containing instructions to the effect that no proceeding shall be initiated for levy of penal damages in such cases which is available under TAB \u201cCOVID-19\u201d on home page of EPFO website.<\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The aforesaid step shall ease the compliance norms for 6.5 lakhs EPF covered establishments and save them from liability on account of penal damages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>No penalty for delayed deposit of dues during lockdown New Delhi, May 15 (Punjab Post Bureau) &#8211; Due to prolonged lockdown announced by the Govt. to control the spread of COVID-19 and other disruptions due to pandemic, establishments covered under EPF &amp; MP Act, 1952 are distressed and unable to function normally and pay the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":170736,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-172215","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-english"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Relief to establishments covered under EPF and MP Act 1952 | Punjab Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/punjabpost.in\/welcome\/172215\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Relief to establishments covered under EPF and MP Act 1952 | Punjab Post\" \/>\n<meta property=\"og:description\" content=\"No penalty for delayed deposit of dues during lockdown New Delhi, May 15 (Punjab Post Bureau) &#8211; 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