Hi,
I pay overtime wages to my labour for additional sh*t, and i also paid ESI contribution for the same. now my question is "Whether this over time wages will attract PF Contribution for both employee and employer"
Please explain Most Urgent
kaniselvam (accountant) 24 July 2009
Hi,
I pay overtime wages to my labour for additional sh*t, and i also paid ESI contribution for the same. now my question is "Whether this over time wages will attract PF Contribution for both employee and employer"
Please explain Most Urgent
Adv. Deepak (Advocate) 24 July 2009
I think that it will attract both employer and employee contribution. Because it consists of basic wages. It depends on how you calculate overtime. If you calculate it according to basic wages, then it will definitely attract.
H. S. Thukral (Lawyer) 24 July 2009
ESI contribution is payable on overtime wages but PF contribution is not.
Bhaskara Rao (Job) 25 July 2009
Dear Sir,
Over Time Payment will not attract to contribute to the EPF. But OT payment is applicable to the ESI only.
Bhaskara Rao
Executive - HR
manoj (n/a) 25 July 2009
Ovetime wages only attracts ESIC , not PF , PF is calculated only on Basic Wages and Dearness allowances paid if any
Regds
manoj
kaniselvam (accountant) 27 July 2009
if OT wages calculate on basic wages?
mukesh (employee) 27 July 2009
no you should never paid ESI , EPF Contribution amount either from you side or from the worker
Because SC give decission on it
mahesh pandey (Vice President) 27 July 2009
OT is not wages under EPF &MP Act,1952 ,so pf will not be deducted on OT.
Tks
mahesh pandey
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