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Hello, I just want to ask, if an employee earns a salary of 25,000, with components exempted such as HRA, OT, Bonus, LWW for PF, and wages for PF are 18,000, on which amount do I have to deduct PF, i.e., on 15,000 or 18,000?
From India, Pune
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Hi, As per statutory requirement PF deduction on 15000/- will be sufficient. However there is no harm if PF deducted on actual basic aswell.
From India, Madras
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