Kwsp Payment Due Date
Kuala lumpur april 13 the employees provident fund epf has extended the date for employers to remit their mandatory contribution for the salary month of march 2020.
Kwsp payment due date. Confusion on the due date within 15 days of the close of every month as mentioned under paragraph 38 1 of the epf scheme 1952 basically arises due to separate reading of the paragraph 38 1. The due date for esi is the 15th of the following month which can also exceed or change according to the department rules. The epf will accept applications to restructure your contribution payments beginning 23 april 2020. 2 2 employee state insurance esi due dates.
Every employer makes the esi payment on a monthly basis and the payment is given to the esi department. Paid up capital less than rm2 5m and revenue less than rm50m are allowable to defer the cp204 payment due on 15 04 2020 15 05 2020 and 15 06 2020 and for other company cp500 payment due on 31 03 2020 and 31 05 2020. Extension of due date for payment of contributions and administrative charges inspection charges due for wage month march 2020 from 15 04 2020 to 15 05 2020 to establishments disbursing wages for march 2020 frequently asked questions. What are the deadlines for epf socso and pcb.
While filing the tax audit report in form 3cd it is important to clarify w hether the grace period should be considered while determining the due date for payment of pf esi contributions for reporting under section 36 1 va read with sections 2 24 x in clause 20 b of form 3cd. Kuala lumpur 13 may 2020. Picture by hari anggara. Epfo has settled 3 31 lakh covid 19 pf advance claims in just 15 days.
How to report epf and esi due date extension in tax audit report for ay 2020 21. If contributions are made later than the 15th of following month if the 15th is a holiday the deadline will be the last working day before the 15th a fine of 6 per annum for each day overdue will be charged. We are hoping the due date for epf payment for april 2020 will also be extended but we have to wait for the official notification. If you fulfill the eligibility criteria see question 2 you may submit your application via the e cap function in i akaun majikan on a monthly basis.
The pf annual return due date is 25th april of the following year. In light of the extension of the conditional movement control order cmco and its subsequent impact on business activities in the country the employees provident fund epf is extending the date for employers to remit their mandatory contribution for the months of may 2020 until july 2020 from the 15th to the 30th of each month respectively. Uan and kyc dated 13 04 2020.