janvi-thakur

"Hello everyone, I was reading the EPF Act 1952, and in Section 2, it defines "basic wages" as all the earnings that an employee receives while working, on leave, or during holidays with pay according to their employment contract. These earnings are provided in cash. However, basic wages do not include" ... (more)

"How is the Provident Fund (PF) contribution handled during the off-season for a seasonal factory? Specifically: 1. Is the PF contribution calculated during the PF season based on the retention allowance? 2. Is the Nile ECR filed during the off-season? 3. If employees leave the organization during th" ... (more)

"Hi Everyone, I have a question regarding compliance with the government amendment to the EPS-95 scheme effective from 01/09/2014, which increased the maximum pensionable salary to ₹15,000. According to this amendment, any new employee joining an establishment and drawing a basic wage exceedin" ... (more)

"Hi Everyone, I have a question about the EPF scheme. The scheme mentions that a fresher with a basic salary exceeding ₹15,000 per month is not required to join the pension scheme. However, many organizations offer packages ranging from ₹5-7 lakh per annum to freshers, where the Basic an" ... (more)

"I have two questions as an HR fresher studying labor laws: Hello, everyone. I was reading about the EPF Scheme and have a question. How is the retention allowance calculated for PF? I’ve noticed that many organizations provide the retention allowance either annually or semi-annually. Does the contributio" ... (more)