Dear Sir
At joining time 6000/- basic of one employee and PF deducted as 12% of basic after First increment his basic is 6600/- and he asked for non deduction of PF, it is possible or not
Dear Sir
At joining time 6000/- basic of one employee and PF deducted as 12% of basic after First increment his basic is 6600/- and he asked for non deduction of PF, it is possible or not
Dear sir,
The maximum amount from which the pf can be deducted is rs.6500/-, thus if the salary increased from 6500 the pf should be deducted on 6500/-. In other words we can say that the maximum amount of pf deducted is Rs. 780 (6500*12%).
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
CAclubindia
