Dear sir I have one doubt about EL Encashment payment so please suggest me, My question is Whether we have to deduct PF on EL encashment or not on final settlement to the employee? Regards Chandru. | |
chandra shekara m (student) (64 Points)
05 July 2008
Dear sir I have one doubt about EL Encashment payment so please suggest me, My question is Whether we have to deduct PF on EL encashment or not on final settlement to the employee? Regards Chandru. | |
yogesh dave
(service)
(376 Points)
Replied 05 July 2008
No, No pf to be deducted on encashment of leave since its not part of Basic Salary.