Monday, October 12, 2009

PF attract for overtime wages?

QUESTION---"Whether this over time wages will attract PF Contribution for both employee and employer"

ANSWER --OT is not wages under EPF &MP Act,1952 ,so pf will not be deducted on OT.ESI contribution is payable on overtime wages but PF contribution is not.


Vijayaraghavan said...

Overtime is calculated based on the fixed monthly salary which is basically composed of Basic + DA. Hence, PF is applicable till the monthly ceiling of Rs.6500/-

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