Hi, What are you looking for ? PT Act in Karnataka or PT rules & Regulations in Karnataka ? Not Clear. If you express more specifically, we can revert. StayCool, Srini
From India, Mumbai
10From India, Mumbai
Hi ,
I need your help to understand that is there any rule that we can either have 12% of basic as PF or Rs. 780/- ?
is there any thing in maharashtra Govt. Rule?
Pl help me out to understand the same???
From India, Ahmadabad
I need your help to understand that is there any rule that we can either have 12% of basic as PF or Rs. 780/- ?
is there any thing in maharashtra Govt. Rule?
Pl help me out to understand the same???
From India, Ahmadabad
Hi,
Yes, as per the PF Act you can fix an employee max Rs. 6500/- as basic. It is called ceiling limit, but this is respective company descrition to follow the ceiling limit or not. But 12% of Basic salary is fixed. It is a central Act and common in all states except J&K & Union Territories.
Stay Cool,
Srini:-P
From India, Mumbai
Yes, as per the PF Act you can fix an employee max Rs. 6500/- as basic. It is called ceiling limit, but this is respective company descrition to follow the ceiling limit or not. But 12% of Basic salary is fixed. It is a central Act and common in all states except J&K & Union Territories.
Stay Cool,
Srini:-P
From India, Mumbai
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.
Profession Tax.doc
Profession tax rates.jpg