Sir,
The maximum limit of Rs. 6500/- is something I am not able to understand, as all companies are deducting PF at 12% on basic, whatever the basic is. My basic is 11,000/- and the contribution is 1320/- at 12%. Then how is the maximum limit only 6500/-?
From India, Hyderabad
1The maximum limit of Rs. 6500/- is something I am not able to understand, as all companies are deducting PF at 12% on basic, whatever the basic is. My basic is 11,000/- and the contribution is 1320/- at 12%. Then how is the maximum limit only 6500/-?
From India, Hyderabad
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.