Dear Vidyadhar Bhat sir,
I want to konw assume employee salary is 9000 PM however he was absent for two days LOP
pls clarify how we will calculate the salary for two LOP in PF weather 9000/30*2 or 9000/26*2
Regds
Amit
From India, Jaipur
5I want to konw assume employee salary is 9000 PM however he was absent for two days LOP
pls clarify how we will calculate the salary for two LOP in PF weather 9000/30*2 or 9000/26*2
Regds
Amit
From India, Jaipur
Dear Amit,
As member is monthly salary basis, it should be calculated as = 9000/Month days (30/31/28) * (-Absent days.)
For Nov 16 =9000 / 30 *28 =8400 wages for Nov 16 subject to Max. 15000
If salary is 16000, - 16000/30*28 = 14933/-
Hope this is clear.
Thanks,
Vidyadhar Bhat
From India, Pune
As member is monthly salary basis, it should be calculated as = 9000/Month days (30/31/28) * (-Absent days.)
For Nov 16 =9000 / 30 *28 =8400 wages for Nov 16 subject to Max. 15000
If salary is 16000, - 16000/30*28 = 14933/-
Hope this is clear.
Thanks,
Vidyadhar Bhat
From India, Pune
Dear Bhat Sir, Please explain what will be calculation of the PF contribution of with 16000 basic salary and with 2 NCP days. Regards Bharat Sukhwal
From India, Vapi
From India, Vapi
Dear Bharat, If member’s basic is Rs. 16000/- and 2 NCP days, PF will be deducted on wages earned Rs. 14933/- as explained above. Thanks, Vidyadhar Bhat
From India, Pune
From India, Pune
Dear Seniors .
Please Help .
Supposed The basic salary of an employee is 50000 and he worked 10 days in July month. And he has joined another company in Same Month and his basic salary is 50000 and his salary has become 10 days and PF has been deposited there. How can an employee submit PF in 2 companies in one month ?
From India, New Delhi
Please Help .
Supposed The basic salary of an employee is 50000 and he worked 10 days in July month. And he has joined another company in Same Month and his basic salary is 50000 and his salary has become 10 days and PF has been deposited there. How can an employee submit PF in 2 companies in one month ?
From India, New Delhi
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Basic 4 pf.pdf
PF Judgement - Bom HC - Temp employee.doc