Why can't PF interest be waived off in the absence of Men Rea

Why can’t PF interest be waived off in the absence of Mens Rea? – Lets Talk Compliance

As per the provisions of Employees’ Provident Fund and Miscellaneous Provisions Act, in case of delay in remittance of monthly contributions, the employer is liable to pay interest. In addition, the authority can levy damages also for such a delay. However, considering the difficulties faced by the establishments in the timely deposit of contributions during…

EoD in Food Industry During COVID19 pandemic

Lets Talk Compliance – Ease of Doing Business in Food Industry During COVID-19 Lockdown

Food is an essential commodity as per The Essential commodities Act 1955. Everyone has to stay home to stay safe but not to starve without basic essential like food. At this time of crisis, the government has rescued the food business with the announcement of a few exemptions and relaxations to ease the operation of…