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Salary for the purpose of PF calculation. On the issue of determining salary for the purpose of PF calculation, a couple of recent judgments favour the PF department. In their judgements, the Madras High Court and Madhya Pradesh High Court have stated that organizations should add other allowances to Basic while calculating PF. You can read the PF department circulars which append the court judgements here. 1 Define salary for the purpose of PF calculation.
Integrity, fair play and service excellence is what sets Tandem apart from everyone else. ProdEx in India has been working with the team at Tandem for six years now. A US based software services company, growing at a decent pace felt the need to have a support system. Timely, accurate financial and accounting information is crucial for any organization to maintain a competitive edge in the market.
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