Full & Final Payment

Pravin.k
Dear Sir
Guide me about the full and final Payment.
1) within how many days we have pay the full and final amount?
2) if the workers have to pay some amount to company and its more than full and final amount...so wat to do?
Regards
Pravin.K
rajeevdixit
Hi,
Full and Final settlement has to done on the day the employee gets
relieved .The F & F amount should be settled on the same day .
If the worker has to pay some amount to company which is more than
F & F then the question of paying any amount to the worker does Not
arise at all. The additional amount if any can be recovered from the bonus
if available .
Hope this is some help to you
Regards
Rajeev Dixit
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute