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F&F calculations if company is providing additional 1 month salary to employees against notice period for relieving
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5th December 2018
From India, Mumbai
Hi Seniors, I have a query, if company is providing additional 1 month salary to employees against notice period for relieving.
And if their basic is 8500, do company need to deduct PF and PT from additional salary amount.
5th December 2018
From India, Bangalore
These payments are indeed subject to PT & EPF contribution and exemption limits. What is this notice pay you are talking about ? on resignation?
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05 December 2018 01.49.02 PM
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