Can anyone please let me know regarding the rule in PF in case of any employee drawing leave encashment in continuance of his/her service, PF on the Leave encashment amount is to be deducted or not.
From India, Calcutta
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From India, Calcutta
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PF need not be deducted from leave encashment amount paid to employees. Regards, Madhu.T.K
From India, Kannur
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4556From India, Kannur
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Dear Mr. [Last Name],
As per Mr. Madhu, you need not deduct PF on PL encashment days as per the Supreme Court Judgment dated 12.3.2008. The amount received by encashing the Earned leave is not part of the "Basic Wage."
Best Regards,
V. Srinivasarao
Manager - P&A
From India, Visakhapatnam
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As per Mr. Madhu, you need not deduct PF on PL encashment days as per the Supreme Court Judgment dated 12.3.2008. The amount received by encashing the Earned leave is not part of the "Basic Wage."
Best Regards,
V. Srinivasarao
Manager - P&A
From India, Visakhapatnam
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Dear Ashim, Please find the attachment for clarifications. This will eliminate all doubt. Best Regards, S K Sinha
From India, Delhi
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From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Case - PF on leave encashment.doc
Circular on pf on leave encashment 5.5.08.pdf
PF clarification on leave encashment.jpg