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F&F calculations if company is providing additional 1 month salary to employees against notice period for relieving


Anonymous
7
Hi Seniors, I have a query, if company is providing additional 1 month salary to employees against notice period for relieving.
And if their basic is 8500, do company need to deduct PF and PT from additional salary amount.
From India, Mumbai
These payments are indeed subject to PT & EPF contribution and exemption limits. What is this notice pay you are talking about ? on resignation?
From India, Bangalore
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India, Mumbai
05 December 2018 08.19.02 AM
Views: 711 Replies: 1 Appreciations: 0
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