I want to know on which Allowances PT, PF and ESIC deductions are applicable and not applicable in Maharashtra state for both Live and FNF employees.
Thanks in advance.
For Profession Tax also total income received by an employee by whatever means like salary, bonus etc,during the half year will qualify.
I didn't get what are Live and FNF employees.
Thanks for information.......
Live employees means currently working and FNF (Full and Final Settlement) means Quit employees.
I would like to know Whether Leave encashment calculated on Basic salary will be consider for PF, PT and ESIC deduction for Live and Quit employees salary paid.
The question is because say eg :- if employee leave on 19-Aug-10 & joines another company on 20-Aug-10, then other company will definately deduct PT. But current company from which he has resigned do not know whether he is going to join other company or not, so during F-n-F shall employer deduct PT???
& if PT gets deducted during F-n-F then why the individual suffer deduction of PT twice in same month............
Plz clear the doubt.................. :)
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