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, Mumbai
These payments are indeed subject to PT & EPF contribution and exemption limits.
What is this notice pay you are talking about ? on resignation?
5th December 2018 From India, Bangalore
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