EPFO directs Bajaj Allianz Life Insurance to pay ₹121cr default
Nov 30, 2024 5:41 PM IST
The insurance firm had failed to remit PF dues on certain allowances on an effective wage ceiling of ₹15,000
Under the Provident Funds and Miscellaneous Provisions Act, an employer and worker both are required to contribute 12% of a person’s basic salary towards a retirement-benefits corpus managed by the EPFO (HT Photo)
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News editors pick EPFO directs Bajaj Allianz Life Insurance to pay ₹121cr default
