| Which Amount to be paid as recoverable amount? Basic or Gross? Hi ,
I have recently resigned from my company. In the recently updated policy it is mentioned as Basic pay need to be recovered from the employee for the no.of days that he is not serving the notice period.
But when I enquired with HR and Finance department they told that the amount is Gross-PF according to the Andhra Pradesh Shops and Establishment act.
When we are being paid only basic for Leaves Encashment, I would like to know which amount I have to pay according to AP S&E Act. Is it Basic or Gross?
Thanks in advance. |