hi,
whether we need to deduct PF on leave encashment
Deepesh Khatri
(CA)
(167 Points)
Replied 29 July 2010
Refer to the definition of salary under PF Act.
vineet
(article assistant)
(46 Points)
Replied 29 July 2010
no, leave encashment do not form part of salary for the deduction of PF.
Dharmendra Jha
(Asst. Manager Finance)
(100 Points)
Replied 29 July 2010
yaes leave encashment is not a part of PF
nandha
(Finance Executive)
(53 Points)
Replied 29 July 2010
Hi All,
According to Circular Number:Coord/3(4) 2002 Clarification from EPFO dated:05th March 2008 -That states that there is no PF deduction on Leave Encashment.
Regards
Nandha
Harpreet
(* * * * * *)
(1670 Points)
Replied 29 July 2010
thanx nandha for nice contribution towards cci
| Originally posted by : nandha | ||
 |
Hi All, According to Circular Number:Coord/3(4) 2002 Clarification from EPFO dated:05th March 2008 -That states that there is no PF deduction on Leave Encashment. Regards Nandha |
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