 "SC rejects plea seeking clarity on restructuring wages for EPF deduction")
The Supreme Court (SC) has dismissed a review petition filed by a section of industry, which sought clarity on its judgment on restructuring wages for deducting Employees’ Provident Fund (EPF) contribution, leaving companies confused about the implementation of the order.
In its February 28 judgment, the apex court had said certain allowances should be a part of the “basic wages” for computing the EPF deductions — a move which had the potential of significantly increasing the wage bills of companies. This was more so because the SC had not given any clarity on the date of implementation of its order.
One of
