Can we will deduct pension amount on prorata,
for example: an employee is join a stablishment on 15 day of the month, his basic is 16000, in this he earned 8000/- for 15 days. we deduct pf on 8000 is Rs 960/- but in case of pension schem 6500 meximum limit. for 15 days is pensionable basic is Rs 3250/-. we deduct pension on Rs 3250/- is Rs. 271/-
pls suggest me as per pension scheme, that is right or ????????????
From India, Bareli
12for example: an employee is join a stablishment on 15 day of the month, his basic is 16000, in this he earned 8000/- for 15 days. we deduct pf on 8000 is Rs 960/- but in case of pension schem 6500 meximum limit. for 15 days is pensionable basic is Rs 3250/-. we deduct pension on Rs 3250/- is Rs. 271/-
pls suggest me as per pension scheme, that is right or ????????????
From India, Bareli
Dear Saini Due to PF act it is right to deduct his pension contribution. regards J tomar 9313353831
From India, Ghaziabad
From India, Ghaziabad
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EPF - Pension contribution is zero WHY.jpg
PF Pension fund contribution beyond 58 years of age.pdf