No Tags Found!

Sir, I need one clarification on the reduced PF contribution for May'20 to Jul'20 , here employer's contribution also becomes 10 % instead of 12 % . My question is what to do with the rest 2 % of employer's contribution , is it mandatory to pass the benefits to employee's net salary or what ?
Regrds,
Chumki

From India, Calcutta
I you have given offer letter with a salary structure showing the employer’s contribution to PF at 12% (CTC) then you should give this 2% to the employee by adding the same to 'other allowance'
From India, Kannur
Watch it here: https://youtu.be/h8vEmW7e1gA
From India, Coimbatore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.