Dear All Seniors,
In many posts It is mentioned that OT is the part of Gross Salary.
Shall we consider Overtime along with Gross Salary while registering employees for PMRPY. e.g. if Gross Salary of employee is Rs. 14000/- & Overtime amount is Rs. 2500/- Is that employee is eligible, as his overtime amount is not fixed. Please give me a solution.
From India, Pune
Overtime allowance is part of wages BUT it is not a fixed part and therefore, overtime wages will not be considered for deciding coverage of PF and payment of contribution. Therefore, an employee whose salary is Rs 14000 shall come under PMRPY.
From India, Kannur
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