Hello, I just want to ask, if an employee earns a salary of 25,000, with components exempted such as HRA, OT, Bonus, LWW for PF, and wages for PF are 18,000, on which amount do I have to deduct PF, i.e., on 15,000 or 18,000?
Hi, As per statutory requirements, PF deduction on INR 15,000 will be sufficient. However, there is no harm if PF is deducted on the actual basic as well.
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