Retirement fund body EPFO is probing the issue of non-compliance in provident fund (PF) contribution by Kingfisher Airlines relating to international workers. <\/p>\n
“It has come to the notice of Employees’ Provident Fund Organisation (EPFO) that the company had under-reported compliance in respect of 14 international workers and there were belated remittances of PF contribution,” Labour Minister Bandaru Dattatreya told Lok Sabha in a written reply. <\/p>\n
Proceedings under section 7C of the Employees’ Provident Funds & Miscellaneous Provisions (EPF & MP) Act, 1952 to re-determine the escaped amount for the period October, 2012 to January, 2014 have been initiated in respect of the 14 international workers, the minister added. <\/p>\n
“Further, there are instances of belated remittances of provident fund contribution by the Kingfisher Limited for which proceedings under section 14B and 7Q of EPF & MP Act, 1952 to levy penal damages and interest have been initiated,” Dattatreya said. <\/p>\n
In March, EPFO formed an enforcement squad to investigate issues related to the payment of PF dues by the long-grounded Kingfisher Airlines. <\/p>\n
The EPFO has also slapped a notice of Rs 7.62 lakh on the airline promoted by beleaguered businessman Vijay Mallya for short payment of PF dues. <\/p>\n
Mallya, who is the owner of Kingfisher and many other firms that owe over Rs 9,000 crore of dues to lenders, left India in the middle of a massive loan default and is facing probe from several agencies including the Enforcement Directorate. <\/p>\n
Earlier this month, his tenure in the Rajya Sabha came to an end with Chairman Hamid Ansari accepting his resignation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Retirement fund body EPFO is probing the issue of non-compliance in provident fund (PF) contribution by Kingfisher Airlines relating to international workers. “It has come to the notice of Employees’ Provident Fund Organisation (EPFO) that the company had under-reported compliance in respect of 14 international workers and there were belated remittances of PF contribution,” Labour Minister Bandaru Dattatreya told Lok Sabha in a written reply. Proceedings under section 7C of the Employees’ Provident Funds & Miscellaneous Provisions (EPF & MP) Act, 1952 to re-determine the escaped amount for the period October, 2012 to January, 2014 have been initiated in respect […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-67097","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/67097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=67097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/67097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=67097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=67097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=67097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}