My query is, if an employee "A" is getting "X" amount of salary and according to the salary structure for all the employees of the firm, "A" is liable to get his PF & ESIC deducted from his salary. After couple of months there is a hike in "A's" salary, and after the hike "A" did not comes under the category of those employees who PF deduction is mandatory.
Now my question is will there be a deduction of PF from "A's" new salary?
If it is so, then to what extent, i mean will it be to the maximum limit of salary structure of employees of the firm or will it be to the extent of the new salary of "A"?
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 March 2012
i want to know that which practise book referred for Income tax concpets and practise.
CAclubindia
