Salary: An employee receives Basic pay of Rs 10,000 per month. **PF calculation**: Since the employee's Basic is above Rs 6,500, the stipulated ceiling for mandatory **PF** Gross, his **PF** contribution can be **calculated** as 12% of Basic i.e. In other words, you can **calculate PF** as 12% of Rs 6,500 instead of Rs 9,000.

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