Suppose the basic salary is Rs. 6000, and the employee was absent for 5 days. What is the provision regarding the Provident Fund deduction for that particular month? Will the amount of basic salary be reduced due to absenteeism of 5 days, or will the PF deduction remain the same, i.e., (6000 * 12% = Rs. 720) for both the employer and employee?
Please also explain the same situation regarding ESIC deduction.
From India, Bemetara
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Please also explain the same situation regarding ESIC deduction.
From India, Bemetara
Acknowledge(0)Amend(0)
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Provident Fund - Excluded Employee - Definition.pdf
What is Employee Provident Fund.docx