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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2010 Dear Sir,

Please may i know the rate of interest payable on delayed ESI payment ???
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
26 July 2010
Employer is liable to pay interest on delayed payment of contributions. The interest would be payable @ 12% p.a simple interest.

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