Statutory deductions towards employee medical, retirement and training schemes will be remitted on a similar date to curb evasion by employers if Parliament passes a new Bill.
The Business Laws (Amendment) (No 2) Bill 2020 proposes that workers’ contributions to the National Social Security Fund (NSSF), the National Hospital Insurance Fund (NHIF) and the National Industrial Training Authority (NITA) be remitted on ninth day of every month.
