Dear All Can anybody clarifiy me whether PF deduction has to be done in case if the employee is given a advance notice pay due to retrenchment in the company.
From India, Pune
From India, Pune
Retrenchment compensation or notice pay given to the employee is not salary earned and therefore, PF need not be deducted from it. Regards, Madhu.T.K
From India, Kannur
4249From India, Kannur
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.
PF Online Advance PPT.pdf
PF Advance rule.doc