Hi!! I have one query - if an employee has a total salary of 18000 and his basic is supposed 8000 is he eligible to opt out from PF?
PF is considered on total salary or on the basic like the total is above 15K so he can opt-out from PF but basic is only 8K so PF should be there I am confused in this part kindly suggest with solution.
PF is considered on total salary or on the basic like the total is above 15K so he can opt-out from PF but basic is only 8K so PF should be there I am confused in this part kindly suggest with solution.