Sir,
I am Santosh Naik working in OPAL Pune as an HR Executive, & our Factory located in Uttarakhand Roorkee. Recently we got PF code from Uttarakhand & Pune employees is eligible for PF. We have appointed one lawyer for all statutory work. He is saying that Max eligible amt for PF conrtibution is Rs. 6500/- . If Basic is more than 6500/- you can deduct 12% PF on 6500/ - only. Is this correct.
Plz advise. Its urgent
I am Santosh Naik working in OPAL Pune as an HR Executive, & our Factory located in Uttarakhand Roorkee. Recently we got PF code from Uttarakhand & Pune employees is eligible for PF. We have appointed one lawyer for all statutory work. He is saying that Max eligible amt for PF conrtibution is Rs. 6500/- . If Basic is more than 6500/- you can deduct 12% PF on 6500/ - only. Is this correct.
Plz advise. Its urgent