Guidelines for investment declaration for tax exemption – 2012-13

We are into the last quarter of the current tax year (Apr 2012 to Mar 2013) and you, as a...

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Calculate PF on gross pay and NOT on Basic head of pay – Part II

In our previous post we talked about the why PF should be calculated on gross salary and not on Basic...

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Calculate PF on gross pay and NOT on Basic head of pay – Part I

A recent article on Provident Fund (PF) deduction in the Times of India has led to a number of employers...

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