Payment & Filing due dates for PF, ESI, PT, TDS [With penalties]

In this post, we will look at payment and filing due dates for PF, ESI, TDS. Also, we will see the penalty for late payment or filing.

“ESI contribution due date for February 2020 and March 2020 is extended till 15th April 2020 and 15th May 2020 respectively.” For more information read our blog – ESI contribution.

PF due date

PF has two due dates they are payment due date and the ECR filing due date.

PF payment due date:

This is the date by which you have to submit the PF which you will deduct from your employees’ salary. This has to be done on or before the 15th of next month. i.e., if you want to deposit PF contribution for the month of June, then it has to be done on or before the 15th of July.

PF return due date:

With the new ECR in place, filing and payment can be both done at the same time. Hence, the PF return due date is the same as that of payment. I.e., on or before the 15th of every month.

Type	DUE date
PF payment	On or before 15th of every month
ECR filing	On or before 15th of every month
PF annual return	25th April of every year

PF Delay Payment interest

An employer who does not pay the contribution within the time limit shall be liable to pay simple interest at the rate of 12% per annum for each day of the default or delay in payment of contribution.

PF penalty

Delayed remittance of PF deposit will incur penal damages. The charges as specified by the EPFO, are as follows:

No of months delayed	Penalty rate
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%)

ESI due date

ESI payment due date:

ESI contribution has to be deducted every month from the employee and it has to be contributed to the department. So ESI payment due date is monthly, on or before the 15th of next month. It is similar to PF in this respect.

ESI return due date:

ESI return is done on a half-yearly basis and the due dates are fixed as 11th of November and May.

Type	DUE date
ESI payment due date	On or before 15th of every month
ESI Return due date	11th of Nov and 11th of may

ESI interest

An employer who does not pay the contribution within the time limit shall be liable to pay simple interest at the rate of 12% per annum for each day of the default or delay in payment of the contribution.

Professional (PT)

PT due date for payment

Professional tax is a state tax that date changes according to state laws – 

Type	Due date
If more than 20 employee, then	On or before 15th of every month
If less than 20 employee, then	On or before 15th of every quarter

TDS due date

TDS has two due dates they are TDS payment due date and TDS return due date. That return due date is applicable in Form 26Q, 24Q, 27Q. Both have different due dates for every month.

Type	DUE date
TDS payment	The payment has to be done on or before 7th of every month For the month of March, on or before April 30th
TDS return	On or before 31st of the next month after quarter-end Ex: Apr-Jun, file on or before 31st July For the 4th quarter i.e., Jan-Mar file on or before 31st May

TDS Interest

Type	Penalty
Late deduction	1% per month
Late payment	1.5% per month
Late filing	Rs. 200 per day
Note: Maximum interest payable will be equal to the tax payable

Related:

• A guide to Payroll Reimbursement
• PF Online payment in ECR portal

This ends our post. Let us know your opinion by commenting below.

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