reduction in Basic
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2010
Kindly help me its urgent:-
If the basic pay of an employee in reduced during the year . for example basic in the month of June was RS 8000, now from July 2010 is reduced to Rs 7500/-
so the contribution to EPF will reduced .
so reduction towards PF contribuion will have any statutory obligation
kindly help me its very urgent
Thanks
If the basic pay of an employee in reduced during the year . for example basic in the month of June was RS 8000, now from July 2010 is reduced to Rs 7500/-
so the contribution to EPF will reduced .
so reduction towards PF contribuion will have any statutory obligation
kindly help me its very urgent
Thanks
02 September 2010
you can deduct PF/EPF on Rs.7500/-
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