Anonymous
8

Hi Seniors,

I have a query: if a company is providing an additional 1-month salary to employees against the notice period for relieving, and if their basic pay is $8500, does the company need to deduct PF and PT from the additional salary amount?

From India, Mumbai
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These payments are indeed subject to PT & EPF contribution and exemption limits. What is this notice pay you are talking about ? on resignation?
From India, Bangalore
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