Section 127 regarding simple interest
The Gazette of India
CG-DL-E-30052026-272998
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 2605] NEW DELHI, FRIDAY, MAY 29, 2026/JYAISTHA 8, 1948
MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION
New Delhi, the 29th May, 2026
S.O. 2698(E).— In exercise of the powers conferred by section 127 of the Code on Social Security,
2020 (36 of 2020), the Central Government hereby specifies that the employer shall be liable to pay simple
interest at the rate of twelve per cent per annum on any amount due from him under the Code from the date
on which such amount has become due till the date of its actual payment.
2. This notification shall be deemed to have come into force on the 21st November, 2025.
[F. No. S-35025/14/2026-SS-II]
TEJASWI S. NAIK, Jt. Secy.
Download PDF Click here
Read more
for more refer Gazette website click here
for more refer YouTube Subscribe website click here