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Employee wants to deposit additional Amt Rs 5000/- towards PF contribution?


Dinesh Jailiya
One of our employee wants to deposit additional amt 5000/- towards pf contribution kindly advise possibility and how to show by employer.
From India, undefined
Glidor
630
it is not deposit account but contribution account, if employee deposit 5000 then employer also have to pay equal amount in a nut shell the basic salary will get increased by 5000*100/12 =41667 abve the normal basic salary

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India
27 September 2018 12.51.01 PM
Views: 585 Replies: 1 Appreciations: 0

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