This Query has 2 replies
Hi Sir / Madam
I have some cofusion regarding the limit of basic salary (+DA) while deducting the PF from employee's salary And at the time of bonus payment.
Somebody told me that if employee's salary + DA is less than Rs 10000/- then deduction of PF & payment of bonus (bonus at least 8.33% of basic salary) is mandatory or if basic salary is more than Rs 10000/- then it is totally depends upon co.
I want to know that, the limit of basic salary is changed by Rs 6500/- to Rs 10000/- or not?
And this limit is also applicable for bonus or not?
Please reply Me.
Regards
Anil
This Query has 1 replies
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Dear friends,
This is CA. sachin gupta recently qualified in Nov,2007 attemept.I want to know that Is there any fund/organisation available whether from Our CA Institute or any other bodies for the help of family member of CAs when they are in need in terms of money due to accident.
Warm Regards,
CA.Sachin Gupta
ca.sachin_gupta@yahoo.com
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Basic salary Limit for Provident Fund & Bonus