Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.
Delayed remittance of PF deposit will incur penal damages. The penal charges, as specified by the EPFO, are as follows:
Time-Period of Delay - Rate of Penalty
Delay for up to 2 months- 5% per annum
Delay ranging from 2 months to 4 months-10% per annum
Delay ranging from 4 months to 6 months- 15% per annum
Delay exceeding 6 months- 25% per annum (It may correspondingly go up to 100%)
Due date for payment of ESIC is 15th of following month. Regulation 31 stands amended whereby the contribution in respect of any employee shall be paid within 15 days of the last day of the calendar month in which the contributions fall due.