Dear seniors,
Please clarify the PF ceiling amount for an employee who joined the organization on 4th and his da+basic is more than Rs 6500, for that given month.
My payroll software is dividing this 6500 for number of days of in the month and "PF employee contribution" is getting calculated only for the numbers present days.
Regards
Sam
Please clarify the PF ceiling amount for an employee who joined the organization on 4th and his da+basic is more than Rs 6500, for that given month.
My payroll software is dividing this 6500 for number of days of in the month and "PF employee contribution" is getting calculated only for the numbers present days.
Regards
Sam