Dear HR Professional,
Kindly request you to clarify my query.
Is it possible that an employer can deduct PF contribution for both Employee+Employer from an employee's salary who is being paid consolidated salary?
Would appreciate your quick response.
Regards
Imran
From India, Mumbai
Kindly request you to clarify my query.
Is it possible that an employer can deduct PF contribution for both Employee+Employer from an employee's salary who is being paid consolidated salary?
Would appreciate your quick response.
Regards
Imran
From India, Mumbai
No.The P.F Act prohibits employer to deduct employer’s contribution from the salary of the employee. B.Saikumar HR & labour law advisor Mumbai
From India, Mumbai
1899From India, Mumbai
Dear Friends
In CTC concept, we used to show the Employer' share of PF which includes CTC figure. Where as we can not include Employer's PF
I think, some friends may confuse on this.
For information pl
RANGA RAJU
From India, Hyderabad
In CTC concept, we used to show the Employer' share of PF which includes CTC figure. Where as we can not include Employer's PF
I think, some friends may confuse on this.
For information pl
RANGA RAJU
From India, Hyderabad
both the contributions are yours. EE is employee share & ER is employer share i.e. 3.67% rest 8.33% goes to pensionable account Regards Jeetu HR Executive
From United States
From United States
i worked for three year's beyond my retirement. PF was deducted in the first two years . In the last year of service i was given consolidated pay of Rs 15000 but PF was not deducted. It is 2 years since i was superanuated and a year since i withdrew PF balance. Now i understand that PF should have been deducted on consolidated pay. Is there any remedy to get the PF contribution from employer? if so how much will i get? can any one guide?
From India, Chennai
From India, Chennai
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf