I have a few queries regarding PF calculations. Please provide me the correct formula to calculate PF.
In the attached excel file, I have done the PF calculation as per my knowledge. I have done 2 calculations with 3 different basic salary amounts. Please tell me which one is correct. If both are wrong then what is the correct calculation?
In the attached excel file, I have done the PF calculation as per my knowledge. I have done 2 calculations with 3 different basic salary amounts. Please tell me which one is correct. If both are wrong then what is the correct calculation?
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