whether employee provident fund is applicable if an employee drawing salary more than 6500(basic+da)?
CA Anand Kumar (Practicing) (151 Points)
27 June 2013whether employee provident fund is applicable if an employee drawing salary more than 6500(basic+da)?
CA AKSHAY GARG
(ASSISTANT MANAGER)
(362 Points)
Replied 27 June 2013
It will not apply..... if Salary (Basic+DA) exceed Rs. 6500/-........... But employee on his on motion, can allow campany to deduct PF.....
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
