Please help me, I was joined a Logistics company in Hisar (Haryana) on dated 17.03.2010 as Trainee on gross salary of Rs. 6500/- per month. At the time of joining Mr. Sandeep Gupta (DGM) have given assurance me that after Three Month salary will be revised Rs. 8000/- per month automatically. The same line has mentioned in the enclosed Appointment letter also. But today I'm going to complete eight months they are not revising my salary and not giving me any confirmation letter. What should be do for the same. I have talked everywhere they not responding me. Please give advice me for the same.
From India, Delhi
From India, Delhi
24
Dear Team members,
we are being asked to deposit PF on OT Wages with arrears Employees/ Employers share, and are framed Under Sec 7A for Evasion Of Wages.
But my opinion is totally differ on the basis of below said grounds
Section 2 (b) of employees provident Funds & Misc Provisions Act 1952 defines“ Basic Wages” means all emoluments which are earned by an employee while on duty or on leave or on holiday with wages in either case in accordance with the terms of the contract of employment and which are paid or payable in cash to him, but doesn’t include
i) The cash value of any food concession
ii) Any dearness allowance that is to say, all cash payment by whatever name called paid to an employee on account of rise in the cost of living, house rent allowance, overtime allowance, bonus, commission or any other similar allowance payable to the employee in respect of his employment or of work done in such employment.
iii) Any present made by the employer
Irrespective all, concerned authority asked us to deposit PF on OT Wages with arrears first / file the case thereafter.
Our Management says, we will not compromise at any cost, please suggest how to counter this issue.
With Regards,
Ashish K Sharma
From India, Gurgaon
we are being asked to deposit PF on OT Wages with arrears Employees/ Employers share, and are framed Under Sec 7A for Evasion Of Wages.
But my opinion is totally differ on the basis of below said grounds
Section 2 (b) of employees provident Funds & Misc Provisions Act 1952 defines“ Basic Wages” means all emoluments which are earned by an employee while on duty or on leave or on holiday with wages in either case in accordance with the terms of the contract of employment and which are paid or payable in cash to him, but doesn’t include
i) The cash value of any food concession
ii) Any dearness allowance that is to say, all cash payment by whatever name called paid to an employee on account of rise in the cost of living, house rent allowance, overtime allowance, bonus, commission or any other similar allowance payable to the employee in respect of his employment or of work done in such employment.
iii) Any present made by the employer
Irrespective all, concerned authority asked us to deposit PF on OT Wages with arrears first / file the case thereafter.
Our Management says, we will not compromise at any cost, please suggest how to counter this issue.
With Regards,
Ashish K Sharma
From India, Gurgaon
PF is payable on over time wage also.
However, since you have to pay PF only up to Rs. 6500 salary per month, the difference generally is not much.
I do not know how sec 2(b) is excluding Overtime, but it is the rule and everyone is paying PF on OT.
From India, Mumbai
However, since you have to pay PF only up to Rs. 6500 salary per month, the difference generally is not much.
I do not know how sec 2(b) is excluding Overtime, but it is the rule and everyone is paying PF on OT.
From India, Mumbai
Hi,
The Calcuations will be in 2 phases.
First if company wants to pay the PF for the person who's basic is more than 6500 -
It can pay full amount on what ever the basic is or
It can seal the payment to 6500 basic- so the amount comes to Rs.780 (not 750 as suggested by most - may be little mistake in calculation).
While calculating the Administrative charges (1.61%) you have to consider the actual basic amount for the 1%
Calculated basic (in this case it is 6500) for remaining .61%
regards,
suneel.
From India, Bangalore
The Calcuations will be in 2 phases.
First if company wants to pay the PF for the person who's basic is more than 6500 -
It can pay full amount on what ever the basic is or
It can seal the payment to 6500 basic- so the amount comes to Rs.780 (not 750 as suggested by most - may be little mistake in calculation).
While calculating the Administrative charges (1.61%) you have to consider the actual basic amount for the 1%
Calculated basic (in this case it is 6500) for remaining .61%
regards,
suneel.
From India, Bangalore
The P F Act states that it is mandatory to deduct PF on Basic salary upto 6500/-, once an establishment is covered. An employee getting over and above the limit of 6500/- may opt for no-deduction of PF by submitting his willingness to do so. If he opts for deduction the employer has to compulsorily deduct upto 6500/-. Deduction on full salary amount is optional and depends on the employer's will.
From India, Calcutta
From India, Calcutta
Hi friends anyone tell me How to make basic facility for workman on the basic manpower.(For EX Minimum Employee 20 what are the facility for them)Can you sent me XL Sheet formate.
From India, Ahmadabad
From India, Ahmadabad
Dear Arbind,
At any circumstances, if initially an employee's salary is above ceiling limit, the employer is not bound to pay PF even for a salary upto Rs. 6,500. It will be mandatory for already enrolled employees only.
The administration charges of PF is 1.1% (not 1%) and hence this to be paid at PF applicable salary (whether it is actual or subject to ceiling limit, as the case may be). Towars EDLI, premium of 0.5% and administration charge of 0.01% (together 0.51%) will be restricted to ceiling limit.
Abbas.P.S
From India, Bangalore
At any circumstances, if initially an employee's salary is above ceiling limit, the employer is not bound to pay PF even for a salary upto Rs. 6,500. It will be mandatory for already enrolled employees only.
The administration charges of PF is 1.1% (not 1%) and hence this to be paid at PF applicable salary (whether it is actual or subject to ceiling limit, as the case may be). Towars EDLI, premium of 0.5% and administration charge of 0.01% (together 0.51%) will be restricted to ceiling limit.
Abbas.P.S
From India, Bangalore
Dear Mr Sohashivan & all others
Please note the following on PF
1. PF is payable on Basic+DA (+Food allowance - most of the companies do not have this allowance/facility these days)
2. OT does not attract PF - No authority will ask to pay PF on OT
3. Statutorily PF is payable on Rs.6500/- only and if companies are ready to pay PF on even more than Rs.6500/-, they can do so, but it is not mandatory.
4. However, EPS is payable only on Rs.6500/- even if the salary is more than 6500/-. That means any PF paid over and above Rs.6500/- will get credited to PF account only
5. But if once covered for PF over and above Rs.6500/-, the companies cannot stop in the middle and they have to continue to pay PF
6. Saswatha Banerjee has written that PF is payable on OT also. This is wrong.
7. Sumit Bamnia - as your query is on a different subject, please write a mail to me at
Hope matter is clear.
Regards
K.Ramachandra
Bangalore
Please note the following on PF
1. PF is payable on Basic+DA (+Food allowance - most of the companies do not have this allowance/facility these days)
2. OT does not attract PF - No authority will ask to pay PF on OT
3. Statutorily PF is payable on Rs.6500/- only and if companies are ready to pay PF on even more than Rs.6500/-, they can do so, but it is not mandatory.
4. However, EPS is payable only on Rs.6500/- even if the salary is more than 6500/-. That means any PF paid over and above Rs.6500/- will get credited to PF account only
5. But if once covered for PF over and above Rs.6500/-, the companies cannot stop in the middle and they have to continue to pay PF
6. Saswatha Banerjee has written that PF is payable on OT also. This is wrong.
7. Sumit Bamnia - as your query is on a different subject, please write a mail to me at
Hope matter is clear.
Regards
K.Ramachandra
Bangalore
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EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952.ppt
EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952 [Compatibility Mode].pdf