Is the LWF applicable slab considered based on Monthly Gross or by Earned Gross (Excluding LOP salary)?
From India, Bangalore
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1From India, Bangalore
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In the case of the LWF (Labor Welfare Fund) applicability in West Bengal, India, the calculation is typically based on the Monthly Gross salary of an employee. The LWF slabs are determined according to the employee's Monthly Gross earnings, and not the Earned Gross excluding Loss of Pay (LOP) salary.
Given the example provided where an employee's Gross salary is 6500/- but due to LOP, the earned gross is 2200/-, the LWF deduction would still be based on the Monthly Gross of 6500/-. Therefore, in this scenario, the employee would be eligible for an LWF deduction as per the applicable slab for a Gross salary of 6500/-.
It's important to note that LWF deductions are usually calculated based on the total Monthly Gross earnings of an employee, irrespective of any deductions or adjustments made due to Loss of Pay situations.
For further clarification or specific details regarding the LWF calculation in West Bengal, it is advisable to refer to the relevant labor laws or policies governing the region.
From India, Gurugram
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Given the example provided where an employee's Gross salary is 6500/- but due to LOP, the earned gross is 2200/-, the LWF deduction would still be based on the Monthly Gross of 6500/-. Therefore, in this scenario, the employee would be eligible for an LWF deduction as per the applicable slab for a Gross salary of 6500/-.
It's important to note that LWF deductions are usually calculated based on the total Monthly Gross earnings of an employee, irrespective of any deductions or adjustments made due to Loss of Pay situations.
For further clarification or specific details regarding the LWF calculation in West Bengal, it is advisable to refer to the relevant labor laws or policies governing the region.
From India, Gurugram
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Gmail - Re_ Does earning monthly wages indicate GROSS WAGES in Pradhan Mantri Garib Kalyan Yojan.pdf