PF CONTRIBUTION
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19 June 2020
Dear All
A situation comes where an employer is reducing salary of an employee from 30000/- to 12000/-, and the employee accepts the same. What will be the PF liability for employer? and also by employee? As he and employer was contributing 12% of 15000 till last month and now whether the same can be 12%(10%) of 12,000?
A situation comes where an employer is reducing salary of an employee from 30000/- to 12000/-, and the employee accepts the same. What will be the PF liability for employer? and also by employee? As he and employer was contributing 12% of 15000 till last month and now whether the same can be 12%(10%) of 12,000?
19 June 2020
Yes, it can be 12%(10%) of 12,000.
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19 June 2020
SIR, ANY REFERENCE FOR THE SAME?
19 June 2020
I was president of PF trust that was the rules followed in our trust.
19 June 2020
Ok sir, thank you very much.
19 June 2020
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