Dear All,
Please consider the fact,
firstly we are paying x amount against notice (in case of employer fire the employee) and we are recovering x amount in case employee leaves the organisation.
such amount does not come under the defination of SALARY /WAGES.
No pf to be deducted.
Secondly calculation of notice pay it can be one month to three months depending upon the strength of organisation.
Regards
Dabas
Please consider the fact,
firstly we are paying x amount against notice (in case of employer fire the employee) and we are recovering x amount in case employee leaves the organisation.
such amount does not come under the defination of SALARY /WAGES.
No pf to be deducted.
Secondly calculation of notice pay it can be one month to three months depending upon the strength of organisation.
Regards
Dabas