By when must an employer deposit employee deductions with a co-operative society if wages are paid daily?

Correct option is A

The correct answer is: (A) Within 7 days of deduction

Explanation:

• According to the provisions of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, if wages are paid daily, an employer must deposit the employee deductions with the co-operative society within 7 days from the date of deduction.

• This rule ensures timely submission of the deductions and helps employees receive the benefits without delay.

Information Booster:

• The timeline for depositing deductions is crucial for ensuring the smooth operation of employee welfare schemes.

• The 7-day period is meant to avoid delay and ensure that contributions are made in a timely manner.

• This rule applies to various types of employee deductions, including those related to provident fund and other employee welfare programs.