Deduction of pf (employer) share from employees salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2014
Dear experts.
I have a query on Practice to deduct PF (Employer's) Contribution from Employees salary.
In short i am referring to scenario. where Employer deducts PF at 12% - Employees Share + 13.61% Employer Share from Employees Salary and pay PF.
does PF Act allows such thing.
I believe so that this is not right, can some one please provide me insight on this process.
Regards
Raviprasad Pai B
I have a query on Practice to deduct PF (Employer's) Contribution from Employees salary.
In short i am referring to scenario. where Employer deducts PF at 12% - Employees Share + 13.61% Employer Share from Employees Salary and pay PF.
does PF Act allows such thing.
I believe so that this is not right, can some one please provide me insight on this process.
Regards
Raviprasad Pai B
14 October 2014
Hi
PF does not allow such things nor its legally allowed.
Employer is required to contribute its own share from its own pocket & not to deduct from the employees gross salary.
However employer can show same amount as pert of employee's CTC
Thanks
PF does not allow such things nor its legally allowed.
Employer is required to contribute its own share from its own pocket & not to deduct from the employees gross salary.
However employer can show same amount as pert of employee's CTC
Thanks
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