Companies cannot delay EPF citing pandemic - News Summed Up

Companies cannot delay EPF citing pandemic


adopts tough stanceBy Imsha IqbalThe Department of Labour says that no companies are permitted to delay their Employees’ Provident Fund (EPF) payments citing the new wave of the pandemic. The Department provided leeway for companies last year during the first wave to delay their EPF remittances considering the financial difficulties of businesses. Speaking to The Morning Business, Commissioner General – EPF Division D.P.K.R. Weerakoon stated yesterday (28) that the delay of EPF payments was provided only for the period of three months, from March to May, as it was informed. He further said that while it was allowed due to the pandemic, it did not, however, get extended further under any circumstances, even though the pandemic prevails till this day, implying that despite the pandemic, the companies cannot delay EPF payments.


Source: The Nation July 28, 2021 18:33 UTC



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