Pf act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2015
Can basic salary be constant for all employees ,Though the total salary varies for the purpose of calculation of pf ,In my company all the employees from directors to junior staff have same basic pay as 6500 .can it be fixed in this manner.Please respond
CA R SEETHARAMAN
(Expert)
17 July 2015
No, basic pay should vary. Present PF limit is 15000. Once they are covered under PF they will be continued to be covered under PF irrespective of basic pay.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- GSTR9 Annual Return
- Rent agreement of House of deceased person
- ARCA LOGIN
- Form 144 TDS Return Validation error
- TDS Return Statement Status
- Upload Level ValidationITR3Category of Defect B/D
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- MSME Payment Sec.43B (h)
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
