If an employee's basic salary is Rs. 20,000 and the PF deduction is Rs. 1,800, but if I deduct 3 days of LWP, then what will be the PF deduction? Will it be 1800/- or less?
Limit is 15,000. When the basic is below 15,000, then you can calculate on basic; otherwise, the deduction will be on the limit, which is 15,000 @ 12%.
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