I would like to enlighten here that
(1) PF deduction will attract on Arrear salary/wages.
(2) PF deduction will not attract on Leave encashment.
(3) For ESI: The liability towards payment of contribution accrues only from the month in which the increment sanctioned, agreement is entered in to, increase is announced, judgment is pronounced or decision is taken as the case may be. There is no need to pay any contribution on the arrears pertaining to the period prior to the month of declaration / announcement / agreement as the case may be.
Regards
J Basak
From India, Calcutta
3(1) PF deduction will attract on Arrear salary/wages.
(2) PF deduction will not attract on Leave encashment.
(3) For ESI: The liability towards payment of contribution accrues only from the month in which the increment sanctioned, agreement is entered in to, increase is announced, judgment is pronounced or decision is taken as the case may be. There is no need to pay any contribution on the arrears pertaining to the period prior to the month of declaration / announcement / agreement as the case may be.
Regards
J Basak
From India, Calcutta
Dear Friends,
Reading the responses in this thread, there is no surprise if any reader is not confused.
What is the correct answer here? All the participants are learned members of this forum. How to conclde this thread, can any body tell this? It is not appropriate to conclude any thread by an ordinary member like me.
Still I would state that both the questions asked here are the basics in HR. The second one is discussed in this forum earlier many times. It is a well set Law now not to deduct PF on leave encashment.
I appreciate the answers by two members which are correct.
It is also not appropriate to tell the learned members to make sure before reply to certain questions like this which are basic in nature.
I am very sorry to say it. Our posts are read by many across every corner and they take it as correct since the posts are by learned HR Fraternity.
I beg a pardon for this post of mine.
From India, Mumbai
Reading the responses in this thread, there is no surprise if any reader is not confused.
What is the correct answer here? All the participants are learned members of this forum. How to conclde this thread, can any body tell this? It is not appropriate to conclude any thread by an ordinary member like me.
Still I would state that both the questions asked here are the basics in HR. The second one is discussed in this forum earlier many times. It is a well set Law now not to deduct PF on leave encashment.
I appreciate the answers by two members which are correct.
It is also not appropriate to tell the learned members to make sure before reply to certain questions like this which are basic in nature.
I am very sorry to say it. Our posts are read by many across every corner and they take it as correct since the posts are by learned HR Fraternity.
I beg a pardon for this post of mine.
From India, Mumbai
Dear Tushar ji,
I am sorry to pinpoint that your above statement is not correct to the extend of ESI on arrears.
Correct answer is given by Mr. J. Basak. It is a well set Law and discussed earlier many times in this forum.
From India, Mumbai
I am sorry to pinpoint that your above statement is not correct to the extend of ESI on arrears.
Correct answer is given by Mr. J. Basak. It is a well set Law and discussed earlier many times in this forum.
From India, Mumbai
According to PF Law No company can deduct the PF amount becoz they have no right on it with or without your permission as far as the
Employees' Provident Funds Scheme, 1952 act and PROVIDENT FUNDS AND MISCELLANEOUS PROVISO concern. then names you can put into google and read the law very easily
From India, Mumbai
Employees' Provident Funds Scheme, 1952 act and PROVIDENT FUNDS AND MISCELLANEOUS PROVISO concern. then names you can put into google and read the law very easily
From India, Mumbai
Dear Ruch PF Is contributed on ( Basic+DA+Retention Allowance ) & it is applicable to Arrears salary, Leave Encashment is not deduction to PF because leave Encashment it is depends on company policy,
From India
From India
I had an salary arrear for last 4 monts...simultaneosly arrear for epf was also deducted....but after that my company is repaying my deducted arrear epf again saying that no arrear on epf can be deducted...can anybody help me with this situation stating under which act of epf can we deduct the arrear epf when arrear salary was given
From India
From India
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