PF deptt EPFO ordered to pay extra interest to Virtusa
The Telangana High Court directed the Employees’ Provident Fund Organisation (EPFO) to pay 9% interest to Virtusa Consulting Services Pvt. Ltd. for delaying a refund of provident fund deposits. EPFO had retained around ₹4.05 crore between 2008 and 2015 due to a wrongly executed demand. The court held that the delay was unjustified and ordered that the interest be recovered from the officials responsible, ensuring accountability. The refund, along with interest, must be paid within eight weeks. This case highlights a crucial principle: any government body, including EPFO, is not above the law. Judicial oversight ensures that citizens and companies are protected against administrative lapses, reinforcing that public institutions must act fairly and responsibly. Via news on page 1, TOI Hyderabad 28 June '26.