Respected all,
Please express yourself generously about the following:-
I have an employee in my company having the basic salary of 6000/- now his basic salary has been revised by 6600/-.
Keeping in view the above please describe about his PF contribution as PF has the exemption limit of 6500/-. What will be the employer liability in this particular case, under the consideration that company has policy to deduct pf only upto 6500.
Regards
Vikas Kumar
Please express yourself generously about the following:-
I have an employee in my company having the basic salary of 6000/- now his basic salary has been revised by 6600/-.
Keeping in view the above please describe about his PF contribution as PF has the exemption limit of 6500/-. What will be the employer liability in this particular case, under the consideration that company has policy to deduct pf only upto 6500.
Regards
Vikas Kumar