Please let me know applicability of P.F. & ESIC on Ex Gratia Payment which would be given to workers upon signing Memorandum of Settlement
abhay paralikar (manager personnel) 02 July 2011
Please let me know applicability of P.F. & ESIC on Ex Gratia Payment which would be given to workers upon signing Memorandum of Settlement
HC. Subbaramu Chamappa Hanagodu (HR & IR Consultant) 06 July 2011
Dear Pal
If the payment of ex-gratia is one time and do not form part of regular wages,
no contribution is payable under ESI & EPF Acts.
Thanks
HC. Subbaramu
HR & Labour Law consultant
Bangalore