Our Company has been paying PF on the full basic salary (without any ceiling of Rs.6,500/Rs.15,000); means, if the basic salary is Rs.25,000/-, PF is paid on this amount.
Is it possible for the company now to opt for the "ceiling" and pay PF only on the ceiling amount of Rs.15,000/- instead of the full basic salary
Is it possible for the company now to opt for the "ceiling" and pay PF only on the ceiling amount of Rs.15,000/- instead of the full basic salary