Hi, I need a suggestion! Can we reduce the PF contribution to the limit of 15000/- , where currently we making the contribution on more than 15000/-; Employee and employer share both . For ex- if currently we are doing the PF calculations on 20000/- , now can we reduce the amount to 15000/-. Is this allowed as per the act.
Please give ur inputs .
Thanks
Please give ur inputs .
Thanks