2000 - 01 - Epfo

ARREAR DEMAND - PROVIDENT FUND & o'!'~~~ I3UES - UNEXEMPTED SECTOR
At the end of the financial year 1999-2000, there was an outstanding arrear demand of
RS.58917.48Iakhs. This was further increased due to additional recovery certificates issued in
respect of unrealized current demand of Rs. 59168.88Iakhs. Thus total workload for 2000-2001
for recovery became Rs. 118086.31 lakhs. Rs. 41435.31 lakhs have been recovered through
recovery action leaving a balance of Rs. 76651.00 lakhs at the end of the financial year 2000-
2001.
Recovery during the corresoondino oeriod of previous year was Rs. 30605.31 lakhs.
Thus there is an increase of Rs. 10830.00 lakhs. The balance has also increased to
RS.76651.00 lakhs from Rs. 58917.431akhs as compared to closing balance of previous year.
During the period under report the responsibility of collecting the dues under section 7A and14B
of the Act was fixed on the Assessing Officers. The increase in closing balance of arrear
demand is as a result of non-realization of current demand during the year including the dues in
respect of cases registered under !3IFR, stay granted by various other courts and due to
establishments under liquidation.
The major portion of arrears at the end of the year is concentrated in seven regions
namely Karnataka, Madhya Pradesh. Maharashtra, Orissa, Tamil Nadu, Uttar Pradesh and
West Bengal. These seven regions account for arrears of Rs. 47717.00 lakhs, which constitutes
62.25% of tile total arrears. The region-wise position is given in Table: 9.
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