If his salary at the time of joining was, say Rs 6000 and later on he gets an increment and his basic salary (PF qualifying salary) becomes more than Rs 6500, then we have to continue his coverage and the employee or the employer has no right to discontinue the coverage of one who is already covered.
Madhu.T.K
From India, Kannur
4240Madhu.T.K
From India, Kannur
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Salary-Note.doc
SALARY SHEET CALCULATION.xls