HI all,
I wanted to know if any employee has a basic salary of RS 6800 and he has a loss of pay for 5 days then his basic would reduced to 5666 then i would like to know how PF is calculated will it calculate on the original basic or reduced basic??
Can anyone explain.
Regards
janhavi
I wanted to know if any employee has a basic salary of RS 6800 and he has a loss of pay for 5 days then his basic would reduced to 5666 then i would like to know how PF is calculated will it calculate on the original basic or reduced basic??
Can anyone explain.
Regards
janhavi