Presently provident fund payable gross salary is Rs.15000/-. If somebody join with salary of Rs.14000/- & after some months their salary hs increased with Rs.16000/-.Is she/he & employer has to provide contribution to PF account again? If payble,how much will be the contribution amount?
1 Replies
Vinaya Kumara K H
(Accounts Executive)
(259 Points)
Replied 06 March 2018
Meaning of salary for contribution of PF is BASIC+DA
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