Dear Team, Please help me out solution for the below cases as I need to incorporate PF calculation logic in my HRMS system -
Ex. 1) Basic Salary is 50000
Special Allowances is 40000
Preset days in a month - 5
What is the PF amount?
2) Here Employee opted for a minimum PF contribution i.e.1800 per month
Basic Salary is 50000
Special Allowances is 40000
Preset days in a month - 5
What is the PF amount?
Ex. 1) Basic Salary is 50000
Special Allowances is 40000
Preset days in a month - 5
What is the PF amount?
2) Here Employee opted for a minimum PF contribution i.e.1800 per month
Basic Salary is 50000
Special Allowances is 40000
Preset days in a month - 5
What is the PF amount?