I want to know that if any Pvt. co. Paid Over time to employee, than PF/ESIC deduction is mandantory or not for co.
Thanks & Regards
Pooja
Guest
Guest
(Expert)
11 June 2015
Overtime wages only attracts ESIC , not PF , PF is calculated only on Basic Wages and Dearness allowances paid if any..OT is not wages under EPF &MP Act,1952 ,so pf will not be deducted on OT
CAclubindia
