EPFO recovers ₹61 crore dues from SpiceJet

The EPFO has recovered ₹61 crore from SpiceJet towards provident fund dues, with the remaining amount under assessment. SpiceJet denies the EPFO's claim of partial recovery and states that all dues have been deposited. The airline acknowledges a lag in some deposits but affirms clearing dues as a top priority. EPFO has initiated an inquiry for penal damages and interest on delayed payments. Compliance with monthly filing deadlines is crucial to avoid interest charges of 12% per annum.