Can anybody clarify whether PF contribution to be deducted on overtime. I feel there is no deduction of PF on overtime Please clear my doubts.
From India,
From India,
Can anybody clarify whether PF contribution to be deducted on overtime. I feel there is no deduction of PF on overtime Please clear my doubts.
From India,
From India,
Dear Nitin, EPF deduction should be on basic salary and basic salary does not included Overtime and other pay. so not required deduct PF deduction on OT. Thanks & Regards, Jay
From United States, Lincolnshire
From United States, Lincolnshire
Can anybody clarify whether PF contribution to be deducted on "error" What is this error, Please Clarify?OT Does not attract EPF Deduction, But ESI Deduction has to be made
From India, New Delhi
From India, New Delhi
Respected sir /mam, I am working as HR Manager , in my organization one female staff age 58, Retired from one origination . in my institute salary Gross - 28000/- she is applicable for PF ? .
From India, Ahmednagar
From India, Ahmednagar
An Employee aged about 58 years joined your institute after Retiring from some other organization. Please issue her immediately PF Declaration Form-new Form No 11.
If she was covered under EPF in her previous Employment, find out whether she has withdrawn her EPF Accumulations? Further, find out whether She is already drawing EPS Pension.
If she has not yet withdrawn her EPF, You can cover her under EPF & Continue to remit contributions up to maximum ceiling of Rs15,000/-
Gross Salary has nothing to do with EPF Contribution.EPF Contribution is remitted on Basic salary, Dearness Allowance & variable dearness Allowance only. Considering that You are Employed as HR Manager, please frame your question properly
From India, New Delhi
If she was covered under EPF in her previous Employment, find out whether she has withdrawn her EPF Accumulations? Further, find out whether She is already drawing EPS Pension.
If she has not yet withdrawn her EPF, You can cover her under EPF & Continue to remit contributions up to maximum ceiling of Rs15,000/-
Gross Salary has nothing to do with EPF Contribution.EPF Contribution is remitted on Basic salary, Dearness Allowance & variable dearness Allowance only. Considering that You are Employed as HR Manager, please frame your question properly
From India, New Delhi
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.