Can anybody help me out of this. I have started working in a startup, having some confusion on PF deductions after checking my PF pasbook in UAN accunt.
This was my Employer PF Deduction & deposit in PF Account
May- 1581 (Deducted): 427 (Deposited)
June- 1837 (Deducted): 495 (Deposited)
July- 2042 (Deducted): 550 (Deposited)
August- 2042 (Deducted): 550 (Deposited)
Each month, around 27% of the deduction is been added to my PF account. Is this a rule? or they are cheating with me?? Please help, what to do in this case.
Thankyou
This was my Employer PF Deduction & deposit in PF Account
May- 1581 (Deducted): 427 (Deposited)
June- 1837 (Deducted): 495 (Deposited)
July- 2042 (Deducted): 550 (Deposited)
August- 2042 (Deducted): 550 (Deposited)
Each month, around 27% of the deduction is been added to my PF account. Is this a rule? or they are cheating with me?? Please help, what to do in this case.
Thankyou
632
Hi Ankita may be in CTC they would have declared as you said, I mean both EE & ER contribution and Admin charges would have been deducted. Once again is it not 27% its 12+12+1.36% = 25.36%
From India, Bangalore
From India, Bangalore
Hi, My salary slips includes Employer PF in CTC. Then they are showing the same amount as Employer PF in deduction. But PF Deposit of ER is around 27% of ER Deducted, and EE is the same as written in salary slip.
Hi, My salary slips includes Employer PF in CTC. Then they are showing the same amount as Employer PF in deduction. But PF Deposit of ER is around 27% of ER Deducted, and EE is the same as written in salary slip.
Also, There are other deductions mentioned separately than ER- PT, Gratuity, Medi Claim
Also, There are other deductions mentioned separately than ER- PT, Gratuity, Medi Claim
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