1. Entire 30,000/- is basic and PF contribution is restricted as per statutory limit 15,000/-. Inthat case your calculation is right . Your clients calculation is wrong.
2. Suppose the Basic is 20,000/- and 10,000/- is other allowances. In that case the calculation will be 20,000/30*10*12/100 = 800/- and so depending on basic salary.
Thanks & Regds.,
S K Bandyopadhyay
+91 98310 81531
11th April 2019 From India, New Delhi
In your opinion, if standard basic salary of any emoyee is more than 15000/ pm, then our calculation in respect of 1800 is correct and if it is less than 15000, then it should be on actaul earned basic. But same practise we are following. Correct me if I am wrong.
13th April 2019 From India, Mumbai