This is good to ask about rest 1.61%. The rest amount 1.61% should deduct from the employer. Please read PF act 1952 which will be useful for you.
In the 1.61% include admin charges 1.10%,
EDLI (Employee Deposit Linked Insurance) 0.50% Charges
and 0.01% Admin charges on EDLI.
From India, Pune
In the 1.61% include admin charges 1.10%,
EDLI (Employee Deposit Linked Insurance) 0.50% Charges
and 0.01% Admin charges on EDLI.
From India, Pune
2
dear all,
kindly assist me... as per epf act whatever pf will deducted of employee, same amount will be submitted by employer. but my employer deducted my part of pf as well as his part of pf contribution from my salary.... what action can i take against him to avoid such unnecessary deduction.
From India, Delhi
kindly assist me... as per epf act whatever pf will deducted of employee, same amount will be submitted by employer. but my employer deducted my part of pf as well as his part of pf contribution from my salary.... what action can i take against him to avoid such unnecessary deduction.
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF Contribution on Leave Encashment - Clarification by EPFO.pdf