Company deducts CTC from my salary, but after 6 months, they haven't initiated any PF-ESI, PTax facilities. My question is, if I want those deductions in cash, is the company liable to pay me? And if they deny, what should I do against them? Please help me.
From India, Kolkata
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2From India, Kolkata
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What is your question? Are you aware of what deductions are being made from your salary? How can someone deduct CTC from salary?
CTC is the cost to the company that is offered to an individual and has components like Gross Salary (Basic, Dearness Allowance, House Rent Allowance, Any other Allowance, Medical Reimbursements), Employer PF and ESIC Contributions, Gratuity Contribution, Any other costs that they incur on you. Please first understand the terminologies and use them appropriately and reframe your query. If you think you've framed your query right, kindly elaborate as nothing can be deduced from what you wrote.
From India, Mumbai
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CTC is the cost to the company that is offered to an individual and has components like Gross Salary (Basic, Dearness Allowance, House Rent Allowance, Any other Allowance, Medical Reimbursements), Employer PF and ESIC Contributions, Gratuity Contribution, Any other costs that they incur on you. Please first understand the terminologies and use them appropriately and reframe your query. If you think you've framed your query right, kindly elaborate as nothing can be deduced from what you wrote.
From India, Mumbai
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Thank you, Ankita. My CTC is 13,000/, and I am getting 11,200 as take-home from 1st October 2012. However, they are yet to be registered in PF and ESI as we have only 8 manpower. I am going to leave the office next month. How can I retrieve those deducted amounts? I expect to receive 1080 in cash from the company for 1800*6. If they refuse, what should be my course of action? I have my offer letter with me.
From India, Kolkata
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From India, Kolkata
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Sorry...Figure will be 1800*6 = 10080/-. If they deny to give that amount can i go to the court?? Labour court or any other
From India, Kolkata
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From India, Kolkata
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How is this salary paid to you? Cash or Cheque? If your appointment letter states the composition of your salary, then perhaps we can understand better.
The possibility of deducting the TDS from your salary is ruled out, knowing that your monthly salary is 13,000. So if we take the annual amount, it comes to 1,56,000, which means there is still 46,000 to reach the basic 2,00,000 basic exempted limit. There is a very meager amount of professional tax deducted from your salary (depending on your city), which should be something around 200, thus not bringing your in-hand amount to what you quoted.
Can you ask your employer to give you a salary slip that mentions all the composition of your salary and the deductions they made under what headings? Also, note that many SMBs do not provide any salary slips to the employees; however, they cannot deny if you ask them to provide one, as an employee has the right to claim and ask for a salary slip.
Kindly first ask your HR to provide specific details and a salary slip. According to the header under which the deductions are made, we can then decide if it was fair to deduct that amount from your salary in the first place and whether they are liable to pay you back if you are resigning.
From India, Mumbai
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The possibility of deducting the TDS from your salary is ruled out, knowing that your monthly salary is 13,000. So if we take the annual amount, it comes to 1,56,000, which means there is still 46,000 to reach the basic 2,00,000 basic exempted limit. There is a very meager amount of professional tax deducted from your salary (depending on your city), which should be something around 200, thus not bringing your in-hand amount to what you quoted.
Can you ask your employer to give you a salary slip that mentions all the composition of your salary and the deductions they made under what headings? Also, note that many SMBs do not provide any salary slips to the employees; however, they cannot deny if you ask them to provide one, as an employee has the right to claim and ask for a salary slip.
Kindly first ask your HR to provide specific details and a salary slip. According to the header under which the deductions are made, we can then decide if it was fair to deduct that amount from your salary in the first place and whether they are liable to pay you back if you are resigning.
From India, Mumbai
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They pay me in cash. I am the only HR here, but when I joined, they informed me that within 2 months, the workforce would exceed 20, so I could register for PF and ESI. Now, I realize they are not interested in expanding the workforce. I am resigning from this company next month. Please advise me on how I can retrieve my deducted amount.
From India, Kolkata
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From India, Kolkata
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