Can we deduct ESI and EPF contribution from the leave salary paid to employee, Kindly advice me to proceed further
From India, Puducherry
From India, Puducherry
Sir, I will request you to clarify as to what is "leave salary" as mentioned by you in the remarks. There are two aspects i.e. firstly whether the said leave salary means the sanction of leaves for a particular period of absence of employee and payment of wages for said period of absence from work. Secondly, in many companies, the leaves accumulated like earned leaves etc. are allowed to be encased by the management. This is basically called as leave encashment. Whether you want to know whether the amounts of such leave encashment are wages or not ?
From India, Noida
923From India, Noida
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ESI contribution rates lowering.pdf