Hi everyone, Can anyone confirm that if I will pay one month’s salary to a terminated employee - is it required to pay PF and other compliance?
From India, Mumbai
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From India, Mumbai
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Notice pay will not attract PF because it is not an amount earned by the employee while on duty or leave. If you deduct PF, which date will you put as his date of exit? If you put a date one from his actual date of exit, will he be able to join another establishment before that date? No. Therefore, no deduction is to be made from the notice pay that you pay to an employee.
From India, Kannur
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4528From India, Kannur
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Employee Salary file - India 2016 AB.xls
Employee cannot escape recovery of excess payment SC 01.11.2013.pdf
Due Date for payment of Employee Provident Fund.docx