HELLO MEMBERS PF CONTRIBUTION can any employers deducate the employee and employer contribution from employee salary? and its legal?? Thanks
From India, Surat
From India, Surat
Hi, 1. Employee contribution is part of salary and employer contribution is part of CTC. from employee’s gross salary employer contribution should not be deduct, that practice is illegal.
From India, Mumbai
427From India, Mumbai
Nowadays most of the companies talk about CTC (Cost to Company) Salary and hire, hence any cost pertaining to the employee whether statutory or otherwise is included in CTC. It is advisable to negotiate salary on Take home basis
From India, Ahmadabad
From India, Ahmadabad
Employee PF Contribution can be duducted, but not employer PF contribution from monthly salary....but some employers may include their pf contribution to the yearly CTC....check ur appointment.
From India, Bangalore
From India, Bangalore
ABHAY_011 -
Regarding PF contributin, you have stated that it is purely discretion on Employer. Not at all. Employee share by employee and Employer\'s share by employee and remittance goes together to EPFO and not otherwise. Rgds
attribution https://www.citehr.com/503861-pf-contribution-employee-salary.html#ixzz3BXqJemtA
From India, Nellore
Regarding PF contributin, you have stated that it is purely discretion on Employer. Not at all. Employee share by employee and Employer\'s share by employee and remittance goes together to EPFO and not otherwise. Rgds
attribution https://www.citehr.com/503861-pf-contribution-employee-salary.html#ixzz3BXqJemtA
From India, Nellore
legally it is managment's liability and it is mandatory on the part of the management/employer to contribute the employers share. The amount may be shown in CTC.Some unfair employer(I wont say unscrupulous) deduct employers share from the employee. It is illegal ,unfair and violation of the PF Act.
From India, Jamshedpur
From India, Jamshedpur
PF is the social welfare scheme for employees.Its has three components.1) Employee's contribution 2)Employer's Contribution 3)Interest earned/applicable.All these components are for the employees secured future.So employer has all the obligation to pay his contribution and ensure the PF is deposited timely and accurately.
From India, Vadodara
From India, Vadodara
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf