Executive - Accounts & Finance
23 Points
Posted on 09 January 2012
THE EMPLOYEE CONTRIBURION IN PROVIDEND FUND IS 12% OF BASIC SALARY
& THE SAME IS EMPLOYER
BUT IF THE EMPLOYER DEDUCT BOTH (EMPLOYEE & EMPLOYER CONTRIBUTION I.E. 24%)
FROM THE SALARY OF EMPLOYEE.
WHAT ACTION WIIL BE TAKEN BY THE RESPECTIVE DEPARTMENT