The Supreme Court has held that special allowances paid by an employer to its employees have to be included in "basic wage" for deduction of PF.
Will special allowance also be inclusive for calculation of gratuity?
From India, New Delhi
Will special allowance also be inclusive for calculation of gratuity?
From India, New Delhi
Dear Sir,
Greetings!!!
Along with PF authority ; i have asked my team to meet labor department of Ahmedabad to confirm the same.
They have denied; Supreme court judgement will be applicable on PF only, relative component of salary for calculation of Leave encashment, Bonus, Gratuity other will not have any such effect. They will issue separate notifications if any relative to this.
All the best!!!
From India, Mumbai
Greetings!!!
Along with PF authority ; i have asked my team to meet labor department of Ahmedabad to confirm the same.
They have denied; Supreme court judgement will be applicable on PF only, relative component of salary for calculation of Leave encashment, Bonus, Gratuity other will not have any such effect. They will issue separate notifications if any relative to this.
All the best!!!
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.