Stipend Payslip

Dear Vishwanath,According to my understanding, no, you cannot deduct ESI, PF, and PT on stipend. "Stipend" would be constituted as a payment made to "trainees" and would be governed by the "Apprenticeship Act 1961." Please go through this Act, which is available...

Don't deduct ESIC, EPF, and P-Tax from their stipend amount as they are not applicable for this kind of student. ESIC, EPF, and P-Tax are deducted from wages/salary, but the stipend amount is never referred to as wage/salary.

Hi Divekar,I have gone through the link. Thank you. I came across a discussion regarding the deduction of P.T on Stipend. Can you please clarify this? Since stipend is not considered as wage or salary, do we have to pay P.T on it?-Vishwanath

What is the minimum and maximum stipend we can pay to any trainee? As mentioned, it's paid for the short term. What's that term? I mean, for how many months can we pay stipend to any trainee?

Hi,I would like to know whether we should deduct ESI, PF, and P.T from the stipend payable to a student who is attending project work in a company. If the stipend does attract these deductions, under which category can we pay the amount without any deductions?Pl...