PF share: More defaulters last year

The number of establishments that had defaulted in paying their share of provident fund (PF) contributions to the Employees’ Provident Fund Organisation rose from 12,496 in 2012-13 to 15,046 in 2013-14, Labour Minister Bandaru Dattatreya informed the Lok Sabha on Monday. Up to June 2014, 3,725 establishments defaulted on PF contributions, of which the highest number (1,141) are from Tamil Nadu and Puducherry. “Wherever it was found that provident fund contribution has been deducted from salary of employees but not deposited in the fund, action under Section 406/409 of IPC has been taken,” the Minister informed the House.