Assistant Engineer, Indian Telephone Industries,
Hr / Ir
Vice President -operations
27th November 2015 From India, Bangalore
If the Pay Day is 7th of Every Month, then year on year, without fail, the credit should happen on 7th of the month. The consistency, helps the employees, to organize their monthly budgets and payments.
So, having the pay day as 1st or 10th is not the problem, the real problem is the consistency in maintaining that date month on month.
Most if the employees will think the pay date is a problem, if the date is not fixed and maintained.
28th November 2015 From India, Mumbai
Dear Abbas has clarified correctly as per Act.
Discuss with Management with Act & Implication to fix the date .
Remember Employer has to pay /Deposit PF in due date e.g. 15 days from salary .date .
Other Statutory taxes also to be deposited .
Therefore ,discuss with Management , Accts / Salary Admin Team any other decision body & than finalize. Once it is fixed once has to display on Notice Board also .
9th December 2015 From India, Mumbai