Dear All, Please suggest the calculation of basic and dearness allowance when an employee goes on leave without pay.........Eg:For working of 21 days how does the PF and ESI deductions will vary?
From India, Bangalore
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1From India, Bangalore
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Calculation of PF and ESI for Partial Month
Suppose the PF for a full month (31 days) is X. Then for 21 days, the PF will be calculated as X × 21/31. Similarly, if the ESI for a full month is Y & Z (both employee & employer), then ESI contributions for 21 days will be Y × 21/31 & Z × 21/31.
Regards,
Abbas. P. S
From India, Bangalore
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Suppose the PF for a full month (31 days) is X. Then for 21 days, the PF will be calculated as X × 21/31. Similarly, if the ESI for a full month is Y & Z (both employee & employer), then ESI contributions for 21 days will be Y × 21/31 & Z × 21/31.
Regards,
Abbas. P. S
From India, Bangalore
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