The move will provide relief to 6 lakh firms and over 5 crore subscribers in the wake of lockdown to contain Covid-19 New Delhi: Retirement fund body EPFO on Wednesday deferred payment of March contributions till May 15 to provide relief to 6 lakh firms and over 5 crore subscribers in the wake of lockdown to contain COVID-19.
The contributions towards social security schemes - run by Employees' Provident Fund Organisation (EPFO) - for March was due till April 15, which has been extended till May 15. "Considering the unprecedented situation created by COVID-19 and lockdown announced by the Central Government from March 24, 2020 midnight onwards to prevent the spread of Covid-19, the due date for filing of Electronic Challan Cum Return (ECR)