WHAT IS THE CEILING LIMIT OF SALARY FOR THE PURPOSE OF ESI
DEDUCTION ?
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My neighbor (a very old working woman) had a PPF A/c in SBI, on 31st of March 2010 it completed its 15 year term and hence the same was eligible for withdrawl, she duly filled up the redemption form and asked the bank to redeem the amount. On 14th of April 2010, the bank issued a pay order but deducted bank charges (as the savings account is with another bank), SBI has nearly deducted bank charges of about 25000/- from her. My neighbor didnt have a bank account in SBI, her account is in IDBI and SBI has deducted the charges for preparing a pay order. Here no service is being rendered but rather its bank obligation to make the payment, Pls help. It would be good if we can help her!!
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MR.VARUN HAS BEEN PAID TOTAL WAGES OF RS.65,560 INCLUDS OVERTIME PAYMENT OF RS.16,400 .HE IS COVERED UNDER PAYMENT OF GRATUITY ACT,1972. 15 DAYS SALARY OF MR VARUN FOR CALCULATION OF GRATUITY WILL BE.
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