Hi,
Pf Can B Deducted For Leave Enchashment. But As Per The Judgment Give By The Court Pf Need Not Be Deducted For Leave Enchashment.
Hence In Our Company V Hav Stopped Deducting Pf Amt Towards Leave Enchashment
From India, Bangalore
Pf Can B Deducted For Leave Enchashment. But As Per The Judgment Give By The Court Pf Need Not Be Deducted For Leave Enchashment.
Hence In Our Company V Hav Stopped Deducting Pf Amt Towards Leave Enchashment
From India, Bangalore
As far as i know PF is not to be deducted from Leave Encashment as per the new rules of SC pls find the attached copy of it.
From India, Mumbai
From India, Mumbai
Hello All, Please see the latest amendment on PF contribution in Leave Encashment. hope it will answer your query...
From India, Pune
From India, Pune
Dear All,
In a notification by the EPFO in May 2008 (on a judgement by the Hon'ble Supreme Court dt.12.03.2008) (a) has decided to discontinue PF deduction on Leave Encashment.and (b) where PF contribution of the employees' share has been received in the offices of the EPFO, the same shall be adjusted against future liabilities.
Hope this clarifies the status regarding PF deduction of LEAVE ENCASHMENT.
Best Wishes & Regards
Debashis
From India, Lucknow
In a notification by the EPFO in May 2008 (on a judgement by the Hon'ble Supreme Court dt.12.03.2008) (a) has decided to discontinue PF deduction on Leave Encashment.and (b) where PF contribution of the employees' share has been received in the offices of the EPFO, the same shall be adjusted against future liabilities.
Hope this clarifies the status regarding PF deduction of LEAVE ENCASHMENT.
Best Wishes & Regards
Debashis
From India, Lucknow
Dear Debashis,
As of now we have come accross with the SC judgement only. But you are noting here that, the respective notification has been issued by PF department in May, 2008. I request you to please scan and attach the same (if available) to this thread for the knowledge and reference of all our professional friends.
Thanks & best regards,
Datta.
From India, Mumbai
As of now we have come accross with the SC judgement only. But you are noting here that, the respective notification has been issued by PF department in May, 2008. I request you to please scan and attach the same (if available) to this thread for the knowledge and reference of all our professional friends.
Thanks & best regards,
Datta.
From India, Mumbai
Hello,
every on who had subscribed this thred
I have circular from the Ministry of Labour Govt. of India with Provident Fund Head office Delhi of dated 05th may 2008 stating that with immediate effect it is not necessary to deduct Pf contribution on leave encashment amount.
find herewith the circular
and feel free from the headache for the deduction of Pf contribution on leave encashment and from various views
Regards,
Sanjay
From India, Pune
every on who had subscribed this thred
I have circular from the Ministry of Labour Govt. of India with Provident Fund Head office Delhi of dated 05th may 2008 stating that with immediate effect it is not necessary to deduct Pf contribution on leave encashment amount.
find herewith the circular
and feel free from the headache for the deduction of Pf contribution on leave encashment and from various views
Regards,
Sanjay
From India, Pune
Dear Mr. Sharma, PF should not be deducted on Leave Encashment. Pls. refer attahced judgment Regards, Avinash Verma 9925155711
From India, Vapi
From India, Vapi
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.