Hi Ravi. Sorry for a late reply. It is possible. But it has to be notified to Labour Dept & PF bcos PF contribution also varies suddenly and affects Tax planning.So planning has to be done befor implementing the structure.
Such practices are headaches and better to be avoided.
Chandru
From India, Madras
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41Such practices are headaches and better to be avoided.
Chandru
From India, Madras
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