Hi everyone, Can anyone confirm that if I will pay one month’s salary to a terminated employee - is it required to pay PF and other compliance?
From India, Mumbai
From India, Mumbai
Notice pay will not attract PF because it is not an amount earned by the employee while on duty or leave. If you deduct PF which date will you put as his date of exit? You you put a date one from from his actual date of exit, will he be able to join another establishment before that date? No. Therefore, no deduction is to be made from the notice pay that you pay to an employee.
From India, Kannur
4249From India, Kannur
Dear Sir, thanks for your reply. I need to confirm below details. e.g. employee salary is 10,000 per month so need to give same salary. 10,000/- full amount.
From India, Mumbai
From India, Mumbai
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.
Latest gujarat 6 pay modified.xls
VARIABLE PAY.doc