Hello everyone, We started our PF processing in the month of April, 2019. Our basic percentage is 60% from the Gross. Is that possible to change the salary structure this month to have a basic with 50%?
From India, Ghazipur
From India, Ghazipur
So long as - 1) there is no 'minimum wages' consequences;
2) there is no reduction in overall gross salary;
3) modification of this policy is properly communicated and acceptance of all employees are obtained;
4) if it doesn't aimed at reducing the contributions to EPF funds
the proposed action can be carried out.
From India, Bangalore
10632) there is no reduction in overall gross salary;
3) modification of this policy is properly communicated and acceptance of all employees are obtained;
4) if it doesn't aimed at reducing the contributions to EPF funds
the proposed action can be carried out.
From India, Bangalore
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Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf