One quick query… can one tell me Is PF payable on overtime? ..
Pls let me know it urgently..
Thanking you in anticipation.
H. S. Thukral (Lawyer) 02 July 2008
No. PF is not payable on overtime as the same is not covered under the definition of wage. Recently the SC has decided that PF is also not payable on leave encashment. The judgment is available in the FORUM
Krishnan Venkatachalam (Legal professional) 05 July 2008
Mr.Thukral opinion is absolutely right.