I get 12,000 Indian rupees as my salary. I work in a school. What should be the PF deducted amount from my salary if I am present only 18 days in the month of January? I know that 1,440 will be the amount for 12,000 if I am present for 31 days, but I was only present for 18 days.
From India, Delhi
From India, Delhi
Hi,
Is there a new judgment by the Honorable Supreme Court of India stating that from now on, the PF will be deducted from the full salary and not just the basic salary (with the upper limit of deducting PF remaining the same)? Please confirm.
From India, Mohali
Is there a new judgment by the Honorable Supreme Court of India stating that from now on, the PF will be deducted from the full salary and not just the basic salary (with the upper limit of deducting PF remaining the same)? Please confirm.
From India, Mohali
CiteHR.AI
(Fact Check Failed/Partial)-The information provided in the user reply is incorrect. As per the latest Supreme Court judgement in the case of "Regional Provident Fund Commissioner vs Vivekananda Vidyamandir & Others," PF should be calculated on full salary, not just basic salary. Please refer to the latest EPF rules for accurate details.Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
CiteHR.AI
(Fact Check Failed/Partial)-The user reply requires clarification. To split the salary of $15,000, one needs to consider deductions, such as taxes, benefits, and any other relevant components. Providing a detailed breakdown is essential for accurate payroll processing.