Dear sir,
i have a problem in my company if a person having basic pay is 8400 rupees and his working days 20 in the month of september than 20 days amount 5600 rupees which is gross salary than 12% pf would calculate on 8400 or 5600 and than from which it would be deduct.
From India, Panipat
i have a problem in my company if a person having basic pay is 8400 rupees and his working days 20 in the month of september than 20 days amount 5600 rupees which is gross salary than 12% pf would calculate on 8400 or 5600 and than from which it would be deduct.
From India, Panipat
5600 is eligible amount for EPF /EPS EPF Wages 5600 EPS Wages 5600 EPF Contribution 672 EPS Contribution 466 Difference 206 NCP Days 10
630
Dear SK,
PF / ESI/Taxes etc all such implications will be on earned wages / salary, not the rated wages/ salary In the instant query, Rs. 5600/ is answer, on which PF will be applicable being 20 paid days wages/ salary..
Regds,
RDS Yadav
DIRECTOR,
Future Instt. of Management and Technology
and
Labour Law Adviser,
From India, Delhi
PF / ESI/Taxes etc all such implications will be on earned wages / salary, not the rated wages/ salary In the instant query, Rs. 5600/ is answer, on which PF will be applicable being 20 paid days wages/ salary..
Regds,
RDS Yadav
DIRECTOR,
Future Instt. of Management and Technology
and
Labour Law Adviser,
From India, Delhi
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls