Confused About PF Deductions in Salary Break-up? Let's Clarify Together

abha_sngh
Dear Sir,

I am having some issues with the attached file.

1. What are balance variables?
2. Suppose the gross salary is 15,000, and a 12% PF deduction from the employee's account should be 7,500 * 12% = 900. However, in the attached file, it is showing 780.

Please clarify my doubts.

Note: 6,500 (PF will be 780 on the employee's side / 239 on the employer's side and 541 for the bonus). Similarly, the basic 7,500 will be 900 on the employee's side / 359 PF from the employer's side and 541 for the bonus.
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prachi.arya6@gmail.com
Dear All,

Please let me know what will be the minimum basic salary amount. Let me know as soon as possible; it's urgent.

Thanks in anticipation.

Regards,
Prachi
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