13 February 2020
THANKS SIR FOR GIVING HELPFUL INFORMATION TO US BUT ONE QUESTION IS ARISE IN MY MIND UNDER WHICH GROUP I TAKE PF CONTRIBUTION AND WHAT DO ABOUT PT DEDUCTED IN SALARY
13 February 2020
employer pf contribution will be showed under indirect expenses. and employee pf contribution and PT to be showed under current liability because both deducted from employee salary so it is not expenses for the company.