19 May 2015
Hi Experts, my annual salary is 264000. My employer instead of p.f deduct 10% of 22000 (monthly salary per month and refund it at the end of financial year with a interest of 10% p.a. please help me to calculate TDS per month.
19 May 2015
your question is not clear in regards to PF . Suppose your employer credit in your salary 2200+ 220 (10% of per Month salary with 10% pa interest ), then whole amount of 2420 x 12 months + 264000 is taxable.
The employer should SUBMIT this pf amount to govt. PF fund then you can get 80CC benefit.
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