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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4758From India, Kannur
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Dear Mr.
As per Mr.Madhu you need not be deducted PF on PL encashment days
as per Supreme court Judgement dated:12.3.2008
The amount received by encashing the Earner leave is not part of "Basic Wage"
Best Regards
V Srinivasarao
Manager-P&A
From India, Visakhapatnam
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As per Mr.Madhu you need not be deducted PF on PL encashment days
as per Supreme court Judgement dated:12.3.2008
The amount received by encashing the Earner leave is not part of "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)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
PF deduction on leave encashment.doc
PF Contribution on Leave Encashment - Clarification by EPFO.pdf