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
4249Madhu.T.K
From 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.
Salary-Note.doc
SALARY SHEET CALCULATION.xls