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Gig aggregators may face 12% annual interest for delayed social security payments

Economy
Published on 9 May 2026
Gig aggregators may face 12% annual interest for delayed social security payments

45 days to upload workers or pay a 12% penalty

New rules say gig aggregators will be charged 12% annual interest if they delay social security contributions for their workers. Aggregators must upload worker details to a central portal within 45 days, and must register new joins and exits in real time or daily, depending on the requirement. The move aims to ensure gig workers get timely social security benefits.

  • Aggregators face 12% annual interest for delayed contributions
  • Worker details must be uploaded to a central portal within 45 days
  • New appointments and exits require real time or daily registration
  • Rules are designed to secure social security benefits for gig workers
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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