September 12, 2026

Section 127 – Interest on amount due | Code on Social Security, 2020

Chapter XI – Authorities, Assessment, Compliance and Recovery

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.