In an organization is it required to print / display PF Employer contribution in employee payslip under earnings for an employee. Do we have any statutory law which say employer contribution should or shouldnt be printed in payslips.
From India, Mumbai
From India, Mumbai
Dear Checking,
They is no law in such that you should/shouldn't give the information to the employees on PF contribution. To the matter of fact, every employee knows that their contribution is 12% and the employers is (8.33% + 3.67%+1.61% addtln EDLI & admn charges). For the benefit of employee understanding; the bifurcation can be provided (it's upto you).
From India, Visakhapatnam
990They is no law in such that you should/shouldn't give the information to the employees on PF contribution. To the matter of fact, every employee knows that their contribution is 12% and the employers is (8.33% + 3.67%+1.61% addtln EDLI & admn charges). For the benefit of employee understanding; the bifurcation can be provided (it's upto you).
From India, Visakhapatnam
Dear Friend,
Like you, many Organisations and its employees always had a doubt whether their employer deposit its EPF accumulations or not. Previous there were no such tools available therefore employees always had a doubt on their employer. Since last year EPF department has introduced a concept of Employee Pass Book it's quite similar to an individual's bank pass book where employee can see how much contribution is deducted from his salary and how much is contributed by its employer.
Warm regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
Like you, many Organisations and its employees always had a doubt whether their employer deposit its EPF accumulations or not. Previous there were no such tools available therefore employees always had a doubt on their employer. Since last year EPF department has introduced a concept of Employee Pass Book it's quite similar to an individual's bank pass book where employee can see how much contribution is deducted from his salary and how much is contributed by its employer.
Warm regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
Dear Friend,
EPF is a central government body therefore it is applicable to all cities including Mumbai.
Pls read more on following link : Member Portal
Warm regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
EPF is a central government body therefore it is applicable to all cities including Mumbai.
Pls read more on following link : Member Portal
Warm regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
From India, Delhi
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Employer-PF-res trict to wages of Rs 6500.pdf