Can anyone please let me know regarding the rule in PF in case of any employee drawing leave encashment in continuance of his/her service, PF on the Leave encashment amount is to be deducted or not.
From India, Calcutta
From India, Calcutta
PF need not be deducted from leave encashment amount paid to employees. Regards, Madhu.T.K
From India, Kannur
From India, Kannur
Dear Mr.
As per Mr.Madhu you need not be deducted PF on PL encashment days
as per Supreme court Judgement dated:12.3.2008
The amount received by encashing the Earner leave is not part of "Basic Wage"
Best Regards
V Srinivasarao
Manager-P&A
From India, Visakhapatnam
As per Mr.Madhu you need not be deducted PF on PL encashment days
as per Supreme court Judgement dated:12.3.2008
The amount received by encashing the Earner leave is not part of "Basic Wage"
Best Regards
V Srinivasarao
Manager-P&A
From India, Visakhapatnam
Dear Ashim, Please find the attachment for clarifications. This will eliminate all doubt. Best Regards, S K Sinha
From India, Delhi
From India, Delhi
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