Hope you are doing great.
I am an accountant in a company, where we are planning to contribute the PF Contribution at actual basic. Currently the contributions are at Capping limit of Rs.15,000.
My query is.. Can a company have different basic for different employees?
Because, if we implement the proposed PF contribution at actual baisc, some employees take home salary affects, they may oppose it.
Is it okay to go with different basic for different employees, may be if we fix some grades ?
Your response will highly be appreciated in this regard.