Provident fund deduction on salary
This query is : Resolved
Anil Kumar Sharma
(Querist)
18 September 2013
Dear Expert,
If one employee basic salary 35000/= per month and one month his present only 10,and he earn relevant month of Rs. 13462/=(35000/26*10),so what provident fund will be deduction of employee and employer.
please guide me.
Thanks,
Anil Kumar sharma
If one employee basic salary 35000/= per month and one month his present only 10,and he earn relevant month of Rs. 13462/=(35000/26*10),so what provident fund will be deduction of employee and employer.
please guide me.
Thanks,
Anil Kumar sharma
18 September 2013
Hi,
Its 12% of Basic Salary unless company policy is to limit Basic Pay to Rs.6500.
Thanks!!
Its 12% of Basic Salary unless company policy is to limit Basic Pay to Rs.6500.
Thanks!!
CA Ayush Agarwal
(Expert)
18 September 2013
Check basic salary as vaibhav said.
Directly calculate 12% from both side on that amount.
Directly calculate 12% from both side on that amount.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
