Thread Started by #akaash-nigam

Urgent!!
There has been no increment in salary.. but since the attendance regularization is flawed, the company pays arrears on pf every month.
Example Mr. X was absent for 2 days in may, his pf gets deposited for 28 days before due date in June, once management approves his attendance, the 2 days arrear on pf gets paid in the next due date i.e July month.. Would really appreciate if someone can let me know if this is correct.. Cuz i researched and found no exact definition for arrears as per PF act.
18th January 2019 From India, Kolkata
#Anonymous
Arrears can be paid No issue.........
19th January 2019 From India, Hyderabad
If you show the arrears paid along with the salary for the month no issue will be there. But if you show the contribution on this arrears separately then this will be regarded as omitted wages and delayed payment of contribution attracting interest and damages. Therefore, when you are paying contributions show it on actuals.
19th January 2019 From India, Kannur
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2017 Cite.Co™