Dear Experts,
I have a query. If an employee doesn't follow the exit formalities properly and for that if his F&F is getting delayed will the company/employer wait to deposit PF amount till the time the F&F issue gets settled or even before settling F&F the employer is supposed deduct and deposit the PF amount.
I know 15th of the subsequent month is the last date of PF deposit. And before that date if the F&F issue is not resolved (Or may be legal notice tussle going on regarding notice pay) how does the employer treat the PF deposit.
Just for an example If an employee leaves an employer on 20th September, but F&F is not settled yet, once it's settled can the employer deposit the PF amount now, or he had to deposit it before 15th October irrespective of the tussle, because the last working day was 20th September which means the subsequent month was October.
Please suggest.
I have a query. If an employee doesn't follow the exit formalities properly and for that if his F&F is getting delayed will the company/employer wait to deposit PF amount till the time the F&F issue gets settled or even before settling F&F the employer is supposed deduct and deposit the PF amount.
I know 15th of the subsequent month is the last date of PF deposit. And before that date if the F&F issue is not resolved (Or may be legal notice tussle going on regarding notice pay) how does the employer treat the PF deposit.
Just for an example If an employee leaves an employer on 20th September, but F&F is not settled yet, once it's settled can the employer deposit the PF amount now, or he had to deposit it before 15th October irrespective of the tussle, because the last working day was 20th September which means the subsequent month was October.
Please suggest.