GUWAHATI, Feb 22 – An amount of Rs 32 crore is due as penalty from defaulting establishments in the North-east to the Employees’ Provident Fund Organisation (EPFO) during 2002-03, while the corresponding figure for the entire country is Rs 600 crore. Revealing this, the North-east Regional PF Commissioner (FAEP) Pankaj today said the process of recovering the penalty was under way.
The EPFO in the North-east covers 3,863 establishments catering to 2,22,000 subscribers up to March 31, 2002. Of them, 646 establishments are defaulters while 2,800 have been irregular in contributing their...