I am working in Income Tax Department as contractual staff and my basic salary 22500/- and what is possible for deducrion of my Epf conteibution from my basic salary
From India, Delhi
From India, Delhi
PF towards employee contribution is deducted on gross wages statutorily at the rate of 12 % of gross wages, comprising Basic Pay, Dearness Allowance and retaining allowance, if any, for an amount of Rs. 15,000 (that means Rs. 1800 P.M.) Employee is permitted to increase the contribution voluntarily.
From India, Mumbai
From India, Mumbai
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.