Dear Mr.Madhu,
- Basic Salary - 30,000/- , Other Allowances -30,000/- & Monthly Gross -60,000/- . 5 days LOP. Actual earning Basic - 25,000/- and other allowances - 25,000/- . PF contribution restricted at 15,000/-. Does it mean that the employee will get 5 days LOP on 15000/- considering his basic ? answer is no.
In actual the employee will get 50,000/- as monthly gross and PF contribution will be on 15000/- so long the earned basic is 15000/- or more after LOP.
I have faced several cases with EPFO in different States- WB, AP, Karnataka, Maharashtra, Odisha etc. and the above is the stand of EPFO.
Warm Regards,
S K Bandyopadhyay ( WB, Howrah)
CEO- USD HR Solutions
+91 98310 81531
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