One of our employees worked only for 20 days in the month of June and resigned. His basic salary is 20,000 INR. Therefore, in July, when I paid his salary, I only paid 13,333 INR as the basic salary. Unfortunately, I mistakenly paid his Provident Fund (PF) contribution as 2,400 INR instead of the correct amount of 1,560 INR. How can I rectify this mistake? Can I adjust his future salary to compensate for the excess PF payment so that the employee does not incur any losses? Are there any statutory issues I should be aware of?
Please advise me.
Regards,
Mt. Carmel
Please advise me.
Regards,
Mt. Carmel