Dear Rolly,
If I have understood you correctly, yes you can calculate pf on gross salary of Rs. 10,000(with employer - employee consent), but while putting the breakup your calcualtions would be:
PF : 12% on Rs. 10,000/-
Pension Fund: 8.33% of 6500/- will come to Rs. 541/-
EPF: will be Rs. 659/- i.e. difference between 12% and 8.33%.
Hope it clears.
Regards,
Sashmita
If I have understood you correctly, yes you can calculate pf on gross salary of Rs. 10,000(with employer - employee consent), but while putting the breakup your calcualtions would be:
PF : 12% on Rs. 10,000/-
Pension Fund: 8.33% of 6500/- will come to Rs. 541/-
EPF: will be Rs. 659/- i.e. difference between 12% and 8.33%.
Hope it clears.
Regards,
Sashmita