Dear All, Hope you are doing fine. I need your help. My company was deducting PF on actual Basic like whose basic salary is 20K than 12% of the same. Now we have revised the salary part. A senior staff having 40K basic. Can we change the policy to deduct it on ceiling wages. If yes than how? if not then why?
Please revert on asap.
From India, Gurgaon
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