Providend Fund

This query is : Resolved 

07 July 2011 The Salary components of our Company are given below.

1. Basic
2. HRA
3. Transport Allowance
4. Supplementary Allowance

Our Company gives PF on Basic @ 12%. My question is whether our Company is correct.

09 July 2011 yes your company is right as PF is deduct on Basic salary & ESI is deduct on Gross salary.



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