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EPFO says no penalty of damages for delayed deposit of contributions during lock down period   May 15, 2020

The EPFO has issued a circular dated 15th May 2020 notifying that delayed  deposit of contributions during the period of lock down announced in terms of the Disaster Management Act, 2005 cannot be construed as an wilful default by an employer and hence no proceedings will be initiated for penalty/damages under Section 14B of the EPF Act, 1952.

Text of the circular is attached 


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