Epf on national holiday wages

This query is : Resolved

anil kumar (Querist)
Follow

24 October 2017 Sir, I am Anil Kumar Working as a HR manager in an organisation . My question is National Holiday wage is applicable in epf or not . One of the site i saw an answer the Fllowing. "PF is always calculated on the basic wages and also on the provided D.A (Daily Allowance) & R.A (Retention Allowance) if any, therefore incase any staff fm yours company work on any national/festival holidays then his basic wages are not going to be diffrent what he/she earns in a regular month and you would only pay him double the rate of normal wages for that holiday work done by him and this would be considered as Overtime done by that concerned employee.......therefore no PF would be deducted on this overtime payment, however if that concerned employee is covered under ESI (Employees State Insurance) then you would be required to deduct ESI amount on the overtime payment made to him for the extra work performed on the fastival/national holiday."
Is it ture or not . If it is ture please send a supporting Notifications or any other documents

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
Follow

24 October 2017 Normally no company should work on national holidays like 26th January, 1st May, 15 Th Aug, 2 Oct, and any other state United province.

If Festival holiday worked is set off against comp off than same is considered as working day since comp off for same is taken subsuent day.

If it is considered overtime than for ot question of salary bifurcations not arise so PF not applicable on OT, but ESI is worked out on gross emoluments earned by employee it includes OT.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok