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Provident fund
Hi... can someone help me with this pf thing? i was employed with a leading bpo in pune. was there for almost 3 years. now i am not in india and not working. i received the employers contribution of my pf. when i received my contribution it was 50 of the employers contribution. my belief was that employers contribute 50 or equivalent. in this case i have less then employers contribution. can sum1 explain this theory. also let me know if tax is deducted from the pf fund. thanks shweta
Employers contribution to pension fund
I was employed with a private sector bank where my employer s contribution of provident fund was contributed to pension fund. as per 1995 pension rules all bank employees under iba pay scale are having compulsory pension. as per the directives of the law we didn t have option of taking employers contribution in the provident fund hence the contribution has been since directed to pension fund. i left the bank after 4 years and 11 months of service. now when i am asking about the bank s contribution they replied that as i have not completed minimum years of service for pension eligibility they cannot provide me the employers contribution. they gave back only my contribution of provident fund without any employer s contribution. my question is can i claim the money? regards shiv
Pmprpy scheme - when will govt return the employers contribution of 12%?
Dear frds can anyone help me regards this scheme when the govt will return the employers contribution of 128.333.67. from my knowledge the employee should work in that same concern for 3 years then only the employer will get their contribution amount of 12. is it correct. then one more doubt if the employees works only few month like 8months what will happen in scheme will he get full contribution amount 1212 and employers contribution. please can any one help me
Provident fund settlement
Hi my father got expired recently.he was working in an organisation for more then 10 years.now i need to claim employers provident fund on his name.employees contribution has been settledown.here scenario is the organisation has not paid its contribution on employee pf account .employers contribution to employees pf is around 8.33 .so in these case i dont know what step should i take to get employers contribution to my fathers pf account.do i need to put an application to commissioner of pf ?how do i claim? please advise me on this. waiting for response. regards revati.
Will employers's contribution be added as part of the ctc and then shown as a deduction in the pay-slip?
I have started a pharma company in maharashtra and want to have pf as part of compensation. please clarify how to treat employers' contribution as part of the total salary deductions and ctc calculation. will employers s contribution be added as part of the ctc and then shown as a deduction in the payslip? i request a detailed answer.
Reduction in employers and employee contribution towards esic
Dear all please clarify and suggest if there is reduction in employers and employee contribution towards i have read in some article as below: in newly implemented areas esic has decided to reduce employer contribution from 4.75 to 3 & that of employees from 1.75 to 1; will be valid for 24 months effective october 2016". regards hashtag world