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Thank you for your reply. Can I also ask if this setting will impact other area, such as reporting?
| | | ---------------Original Message---------------
From: Tamil-Selvi
Sent: Monday, January 03, 2011 1:51 AM
Subject: India PF configuration for company's private trust fund
I am facing some issue in the India PF contribution in case the company have it's own private PF trust fund. Each fund is tied to a trust type which could be Excluded trust, RPFC or Exempted whereby is specify if the contribution will go to Government trust or no. In this case of private fund owned by the company, my understanding is all the contribution would not go to Government trust fund. Is this correct? In table V_T7INF1, should the trust type be RPFC or exempted?
Hoping for some assistance.
Thank you.
Regards,
Tamil Selvi |
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