Dear Friends,
i am so confused we always EDLI & Admin Charges calculate on PF Salary But before one month we have installed new payroll software but software calculate EDLi & Admin charges on 6500/- or Pension Limit.
it creates diffrence as per manually calculation of monthly challan form.
as per my knowledge pf return should be 25.61% of PF Salary.
please tell me what is right procedure?
even i am working here last 3 year but no any auditor object on this calculation.
Thanks
Punit Dixit
i am so confused we always EDLI & Admin Charges calculate on PF Salary But before one month we have installed new payroll software but software calculate EDLi & Admin charges on 6500/- or Pension Limit.
it creates diffrence as per manually calculation of monthly challan form.
as per my knowledge pf return should be 25.61% of PF Salary.
please tell me what is right procedure?
even i am working here last 3 year but no any auditor object on this calculation.
Thanks
Punit Dixit