Practicing Success
Which of the following is correct about Provident Fund? |
It is a statutory deduction , as part of social security. It is decided by the Government under the Provident Fund Act. It is computed as a percentage of (Basic Pay + Dearness Pay) All of the above |
All of the above |
Provident Fund (PF) : It is a statutory deduction, as part of social security. It is decided by the Government under the Provident Fund Act and is computed as a percentage of (Basic Pay + Dearness Pay, if applicable). |