§ 127 Code on Social Security Act, 2020

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Section 127. Interest on amount due

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Act
Code on Social Security Act, 2020
Section number
127

Section reader

127. Interest on amount due.-

Except where expressly provided otherwise in this Code, the employer shall be liable to pay simple interest at such rate as may be notified from time to time by the Central Government, from the date on which any amount has become due under this Code till the date of its actual payment.