NCP means-Non Contributory Pay Days/Loss of Pay Days
Suppose if a employee having basic of 5,00,000/= and he is present for 1 day, so his/her payable basic is more than 15000.-NCP to be mentioned 1 day-Total days in the Month
Now PF is 1800 that is fine but having a confusion about NCP days.
Maximum Contribution for EPS Presently Rs15,000/-Per Month.As per your example, it will have no impact on Pension
is it a hypothetical question? Please revert, if you still have any query
NCP days is required for EPF also to determine length of Membership
If one person works for 5 days in a particular month then what is the NCP days we have to put in our ECR. Suppose the month is 30 days then our NCP calculation is 30days - 5 working days = 25 days or 26 days - 5 working days = 21 days. Please explain.
The number of days for which an Employee has not earned Salary in a particular Month has to be entered in ECR
For how many days an Employee has worked is not the criteria.For how many days an Employee has not earned Salary, in a particular Month.
Hope this clarification will suffice