Dear Sir / Mam ,
An organisation has less than 20 employees in a year , PF is deducted @ 10% p.a.from salary (Basic+DA), i.e.650 or PF amt Whichever is less is it ok..??.
Is it mandatory to deduct PF @ 12% even if Provident Fund is not applicable ??
Pls reple me as early as possible
CAclubindia
