Who deposits the employee share of PF, and by when?
Who deposits the employee share of PF, and by when?
1 Answer
AICOUNTLY Payroll Desk
Compliance
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The employer does. The employee share is deducted from the employee’s wages, and the employer deposits it along with the employer share through the EPFO portal. The payment is due by the 15th of the following month, and the monthly ECR return is filed along with it.
Late deposit attracts interest and damages, so it is safer to deposit before the due date. Deducting the employee share and not depositing it is a serious default under the PF law.
AICOUNTLY Payroll Desk · 2h ago
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