Interest on unpaid social security amounts: employer must pay simple interest at government notified rate from due date until payment. Employers must pay simple interest at the rate notified by the Central Government on amounts that become due under the Code, from the date they become due ... Summary
Interest on unpaid social security amounts: employer must pay simple interest at government notified rate from due date until payment.
Employers must pay simple interest at the rate notified by the Central Government on amounts that become due under the Code, from the date they become due until actual payment, except where the Code provides otherwise; the provision is effective from 21-11-2025.
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