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I have another question on First Time Applicability. Most of the employees are working several years and are getting paid full amount. Now who will pay the 24% of PF. Employee may raise voice on reduction on net pay.
Please advise if there is provision We can deduct both from employees salary or Employer need to pay both the part.
Please advise on this.
Thanks & Regards,
Further, since EPF is s Social Security Legislation, wide publicity to be given regarding various benefits provided therein
Any notification or any provision in EPF will be appreciated.
Your statement that "now a days normal practice done by most of the the employers. Include both contribution in CTC" is not correct
Please have a look at specimen CTC Annexure recently uploaded by Honourable Member of this cite for clarity
As an Employer ,you should forecast Employer Contribution towards EPF & ESI While structuring Salary