Friday, October 07, 2022

SpiceJet deposits all TDS dues, PF money of the employees

The human resource department of SpiceJet on Friday wrote to its employees, informing them that the business had submitted all tax deducted at source (TDS) dues and paid up a significant portion of all employees' provident fund (EPF) contributions, according to CNBC-TV18 sources.

SpiceJet had been unable to pay employees' Provident Fund (PF) or deposit their TDS dues with authorities for months due to a lack of funds.

The airline took a significant blow after many of its planes had technical difficulties during flights. As a result, the aviation regulator DGCA directed it to operate only half of the flights in an order issued on July 27.

This agreement was originally for eight weeks, however, it was later extended to October 29.

07/10/22 Anand Singha/CNBC TV18

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