Provident fund deduction

This query is : Resolved 

11 June 2015 Dear Sir/ Madam,


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

Profile Image

Guest

Profile Image

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

12 June 2015 Thanks Rachit solve my problem




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries