Business Unit Manager
Human Relations & Resource
Assistant Engineer, Indian Telephone Industries,
Padala Venkata Subba Rao
Welfare Officer, Regency Ceramics Limited,
I have hired 4 unskilled manpower with a cash in hand of Rs. 8000/- pm
As per government rules they are eligible for PF and ESI and 4 offs in a month
i am not sure about , whether they are eligible for Government holidays and leave policy like other staff member which includes EL, CL and SL
Also someone told me that hence we pay them overtime , in that case they are not eligible for the above mentioned leave policy but only 4 offs in a month.
Pls let me know what is right
11th September 2013 From India, Ludhiana
PF deduction is only on Basic with the upper caps not exceeding more than Rs 6500. Any employee drawing wages more than above will be termed as excluded employee provided he is not already a member of PF.if he is already a member of PF then his PF deduction will be on 6500only
11th September 2013 From Netherlands, Group
Kindly go through the section 29(1) of the EPF Act 1952 (Chapter V)
(1) The contributions payable by the employer under the Scheme shall be at the rate of [ten per cent] of the [basic wages, dearness allowance (including the cash value of any food concession) and retaining allowance (if any)] payable to each employee to whom the Scheme applies:
Provided that the above rate of contribution shall be [twelve] per cent in respect of any establishment or class of establishments which the Central Government may specify in the Official Gazette from time to time under the first proviso to sub-section (1) of section 6 of the Act.
13th September 2013 From India, Bangalore
in our organisation, everyone's basic+DA is more than Rs 6500. The PF deducted from employee side as well as contributed by employer is Rs 780 throughout the company.
is this correct or the employer contribution should be 12% of Basic + DA
13th September 2013 From India, Madras