<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Recovery of damages for default in payment of contribution</title>
    <link>https://www.taxtmi.com/acts?id=54686</link>
    <description>Damages may be recovered from an employer who defaults in payment of contribution to the Insurance Fund or charges under the Code, the rules, or the Scheme. The Commissioner, or an authorised officer, may levy such damages by way of penalty at the rate specified in the Employees&#039; Provident Funds Scheme, 2026. The damages are calculated to the nearest rupee, with fifty paise or more rounded up and a smaller fraction ignored.</description>
    <language>en-us</language>
    <pubDate>Sat, 04 Jul 2026 12:48:45 +0530</pubDate>
    <lastBuildDate>Mon, 06 Jul 2026 16:16:27 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=910112" rel="self" type="application/rss+xml"/>
    <item>
      <title>Recovery of damages for default in payment of contribution</title>
      <link>https://www.taxtmi.com/acts?id=54686</link>
      <description>Damages may be recovered from an employer who defaults in payment of contribution to the Insurance Fund or charges under the Code, the rules, or the Scheme. The Commissioner, or an authorised officer, may levy such damages by way of penalty at the rate specified in the Employees&#039; Provident Funds Scheme, 2026. The damages are calculated to the nearest rupee, with fifty paise or more rounded up and a smaller fraction ignored.</description>
      <category>Act-Rules</category>
      <law>Labour laws</law>
      <pubDate>Sat, 04 Jul 2026 12:48:45 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=54686</guid>
    </item>
  </channel>
</rss>