Relaxation in EPF deposit rules for employers did not lead to interest loss: Here's why
The Employees' Provident Fund Organisation (EPFO) allowed companies to delay the deposit of EPF contributions into the accounts of employees for the month of March, 2020. The EPFO allowed companies to file electronic challan cum return (ECR) and pay statutory EPF contribution for March separately. This step was taken to reduce the compliance burden on establishments facing cash crunch due to the coronavirus pandemic.
Here is a look at what this means for EPF subscribers and more importantly, what happens to the interest earned on EPF accounts due to this delay in deposit of the employer's contribution to EPF of employees.
[https://m.economictimes.com/wealth/invest/relaxation-in-epf-deposit-rules-for-employers-did-not-lead-to-interest-loss-heres-why/articleshow/76775677.cms](https://m.economictimes.com/wealth/invest/relaxation-in-epf-deposit-rules-for-employers-did-not-lead-to-interest-loss-heres-why/articleshow/76775677.cms)