T HC orders EPFO to pay 9% interest to IT firm on delayed refund | Hyderabad News
Hyderabad: Telangana high court has directed the Employees’ Provident Fund Organisation (EPFO) to pay 9% annual interest to IT firm Virtusa Consulting Services Pvt Ltd on Rs 4.05 crore that it continued to retain even after an appellate authority set aside the provident fund demand against the company.Justice Nagesh Bheemapaka directed that the interest be…
