I recently received my first EPF slip. It shows the employee's share as Rs. 18,255, but the employer's share as Rs. 5,593. Does this amount include the interest as well? Please help me understand how to read my EPF slip.
From India, Faridabad
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From India, Faridabad
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Dear Sanjay, The PF slip always shows the employee's contribution as 12%, but the employer's contribution will be shown as 3.67%. Please check the calculations based on your salary slip. The reason for this is that 8.33% of the employer's contribution goes to the pension fund, which is not reflected in the calculations. You can confirm this information from the covering letter that your company has received along with the PF slips from the PF Department. Don't worry, this is the correct and normal practice of the PF department.
From India, Mumbai
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21From India, Mumbai
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Dear Sanjay... Your question is correct. You see the back side of EPF Slip. They are mentioned in detailed. Pls. go through it. Your doubt will be cleared. Thanks & Regards.. Bhoopathi. J HR Dept.
From India, Madras
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From India, Madras
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