Similar to the Employer EPF limit of 6,500, can the employee also restrict their contribution to 12% of 6,500 and not pay based on the basic salary?
For example, if an employee's basic salary is 10,000, and they wish to restrict PF deduction to 6,500, can this be implemented for the employee?
Thanks for your valuable feedback.
For example, if an employee's basic salary is 10,000, and they wish to restrict PF deduction to 6,500, can this be implemented for the employee?
Thanks for your valuable feedback.