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NCP Days Of Employeee Then How Can We Deduct The PF Amount With The Limit Of 6500
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abbasiti
517
3
Dear Disha,
Even if the salary is in excess of Rs. 6500, ceiling salary will be treated as 6500 for whole month. Accordingly for 20 days attendance out of 30, the contribution will be 6500x20/30x12% = 520.
Abbas.P.S
12th October 2013
From India, Bangalore