Is Overtime Allowance Added In Gross Salary?

sugunabrs
Mr. Anonymous. The limit is only for Employer's contribution of Pf and not for employee's. Employee can contribute 12% of his salarr (Basic+DA) as PF, whereas Employer should contribute 780, Employer also can to contribute equal contribution as Employee
Saloni M
Hello everyone
Thank you so much for the help.
I have only 14 employees, so PF does not apply to my company as we are less than 20 in number.
So only deduction will be ESIC.
Please correct me, if I am wrong
Saloni M.
varghesemathew
There is nothing in EPF Act against Employer contributing for wages exceeding Rs 6500/-.It is employers capacity and discretion that matters .
Varghese Mathew
raajz_johnny
Dear Saloni
EPF numbers changed to 10 or more employees. Kindly visit EPF & get the recent amendment.
Regards to your ESI Query. You have to capture ESI for the said salary (i.e., 18,000).
Regards
John N
umakanthan53
Dear Saloni,
Your restaurant at Chennai, being a Catering Establishment, the Tamilnadu Catering Establishments Act,1958 is applicable to it. I do hope that you would have registered the establishment under the Act within 30 days of its commencement and obtained a registration certificate on the basis of the maximum no. of employees likely to be employed on any day during the calendar year and maitaining the various registers and notices under the Rules. May I draw your attention to Sec.7 (2) of the ACT? The total no. of hours of work on any day shall not exceed 10 hrs including the O.T of only one hr and the total O.T hrs should not exceed 54 IN ANY QUARTER.
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