Quantcast
Channel: SCN: Message List
Viewing all articles
Browse latest Browse all 3189

PF Constant is maintained not picking

$
0
0

Hello Frnds

 

* PF Constant is maintained for 15,000

* PF is getting correctly calculated for old employees

 

When an employee is joining in the mid of the month and Basic Salary is still above 15,000 the PF Contribution is getting pro rated for the monthly purpose .

 

Example : For new employee - Basic Salary is 33,250  ,Joining date 3rd Aug

 

what should happen         15,000*12/100=1800

currently happening = 1800/31 =58* 29 = 1683

 

Please guide how to correct this.

 

Regards,

RA


Viewing all articles
Browse latest Browse all 3189

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>