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Search Result For "Letter To All Employee To Contribute One Day Salary Towards The Death Member" - Page 1
Hi,Provident FundPercentages are calculated on (Basic Salary + DA).Employee contribution: (12%)Employer Contribution (12% + 1.61%)A]12% Bifurcation- 8.33% pension fund- 3.67% Provident fundTotal 12%B]1.61% Bifurcation- Employees Deposit linked insurance: 0.5%- E...
Are you talking about PF? Only 12% is contributed by the employee, and the rest is contributed by the employer. Some organizations are including the entire 24% in their CTC.
Only 12% PF contribution is made by the employee, with the rest covered by the employer. However, in many companies, the total contribution is considered as a part of the employee's CTC structure.Thanks & Regards,Sandeep Kumar Dwivedi
Only 12% of the PF contribution comes from the employee, with the rest being provided by the employer. However, in many companies, the total contribution is considered a part of the employee's CTC structure.Regards,Neha
Dear Azhar ji,The response by Bpugazhendhi is very correct and appropriate one. It seems from this response Bpugazhendhi has Thorough knowledge of PF Law. I only add to his response that the title of Para 31 is very clear on your query. It says: **Employer’s sha...
Dear Mr. Azhar.a.m.Khan,Employers can deduct only employees contributions i.e., 12% (Basic+ D.A), if the PF act is applicable to the organization. However, the contribution of the employer can't be deducted from employees salary. The maximum contribution that an...
Dear Bpugazhendhi,I appreciate your response, which is very correct and to the point regarding the query. I had a glance just now at some of the postings by you in the past and found that your postings are very appropriate with thorough study. Very few members i...
Hi, I am working in Nagpur, Maharashtra in a real estate company. I have been working here for the last 8 months and I am a confirmed employee of the company as my probation period has ended.My problem is that 2 months ago, the company registered for a PF accoun...
Dear Sir,Please send a soft copy of the PF contribution law because my agency has supplied manpower and deducted 25.61% from employees' salaries. Please tell me what I can do.Sarvesh Kumar Srivastava
The details given by you are sketchy. A comprehensive advice cannot be given based on such sketchy info. However, assuming that you joined the company afresh [that is, you were not employed earlier and contributing to EPF and even if contributing has closed your...