If candidate ansent for one day can we deduct pf for one day on ceiling amount 1800. If in hand salary 37000 date of joining 2 feb 2024
From India, Mumbai
From India, Mumbai
There have been lot of discussion on the same subject in this forum. I believe that if the PF qualifying salary is Rs 15000, then any Loss of pay being non contributory days/ periods should be made on Rs 15000 proportionately. as such, if the PF salary is Rs 15000, in respect of an employee joined on 2nd february, the salary for the purpose of PF should be salary for one day less than Rs 15000 or Rs 14500 or Rs 14483 (for February).
From India, Kannur
4242From India, Kannur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Steps to transfer PF amount.jpg
PF Amount Balance Check.xls
PF Notification for enhancement of wage ceiling & Pension wef 1-Sep-14.pdf