Hi Seniors,
An employee is earning basic salary of Rs.20,000 and the company is deducting 12% pf on basic i.e., Rs.2,400.
Coming to employer contribution, they are ready to pay 12% pf on Rs. 15,000 i.e., Rs.1800 only.
Kindly confirm whether employer has to pay pf on actual basic or Rs. 15,000 which is lesser than actual basic.
Thanks & Regards
An employee is earning basic salary of Rs.20,000 and the company is deducting 12% pf on basic i.e., Rs.2,400.
Coming to employer contribution, they are ready to pay 12% pf on Rs. 15,000 i.e., Rs.1800 only.
Kindly confirm whether employer has to pay pf on actual basic or Rs. 15,000 which is lesser than actual basic.
Thanks & Regards