Indeed no statutory deductions for stipend, not even specific mode of payment, and deductions are far from that........
From India, Bangalore
201From India, Bangalore
Dear Mr R D Babu,
Management always look at the findings to avoid spending on welfare measures to the employees. Any way coming to your point --
If your Company registered under the Apprentice Act ,then you can pay stipend with deduction of ESI is mandatory and EPF contributions not falls liability of Employer,morally it good to provide EPF to Apprentice for social security.
Please go through Apprentice Rules of your state.
Thanks
Naresh.Gadde
Hyderabad
From India, Hyderabad
Management always look at the findings to avoid spending on welfare measures to the employees. Any way coming to your point --
If your Company registered under the Apprentice Act ,then you can pay stipend with deduction of ESI is mandatory and EPF contributions not falls liability of Employer,morally it good to provide EPF to Apprentice for social security.
Please go through Apprentice Rules of your state.
Thanks
Naresh.Gadde
Hyderabad
From India, Hyderabad
Dear Madhu, Its depends on company norms. if your company is registered with PF/ESI.You can make the deductions otherwise no. Leela-HR Vijayawada.
From India, Hyderabad
From India, Hyderabad
Dear Babu,
It depends upon Company Norms.
U can show the apprentice candidates as Offroll Employees & u can dispatch their sal by Hand.
There is no need to deduct any PF or any other statuary deductions.
Or else your can show them as onrolls and can deduct PF also( if they want).
Regards
Ratna.V
HR
From India, Mumbai
It depends upon Company Norms.
U can show the apprentice candidates as Offroll Employees & u can dispatch their sal by Hand.
There is no need to deduct any PF or any other statuary deductions.
Or else your can show them as onrolls and can deduct PF also( if they want).
Regards
Ratna.V
HR
From India, Mumbai
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