I am working in an organisation for the past seven years. Like every year i received my PF slip. I noticed that there is a difference of approximately Rs 250 less contributed in employee part. similarly the same difference is there in employer contribution part.
I checked for preceding six year statements and found the same difference.
now my basic pay is approx. Rs13500. If i calculate i find that the 1.61% PF administration charges is being deducted from my and employer's 12% contribution.
In my appointment letter it is clearly mentioned that there will be equal contribution from employee and employer.
Now my question is whether employer is liable to pay separately 1.61% or it is to be adjusted from the contribution of 12% of employee and employer and if the charges is to be borne by the employer then how the company has gotten away in audits.
finally whether company is liable to compensate for this blunder.
Please correct me for any misunderstandings regarding the subject matter as i do not belong to HR
Administration charges, EDLI etc will be borne by the Management and shall not be recovered from the Employee. Legally if you can prove that the Management has deducted this amount from your salary, you can get it back
Consider practical problems and take action. Approach your HR and ask them for clarification If there had been a mistake, and if they correct,, forget about the past.
From India, Chennai
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