Dear Mr. Chandrashekhar,
I understand your problem, as I have heard similar concerns from many people. Most ordinary employees or workers are worried about their PF, and many organizations are deceiving both employees and PF authorities.
Firstly, as you mentioned, your employer is deducting 24% from employees' salary. As per general practice, employees' contribution should be 12%, and the employer's contribution should be 13.61%. However, if an employee wishes to contribute more than 12%, the employer can deduct the additional amount, but this should only be done with the employee's request in writing.
If your employer is deducting 24% illegally from employees' salaries, they may also be recovering their contributions from the employees' salaries. They might be misrepresenting the contributions to the PF authority as 12% from employees and 13.61% from the employer. If this is the case, it is a serious offense that could result in significant penalties or other consequences.
To determine whether your employer is depositing PF funds properly, you can obtain the establishment's registration code, visit the local PF office, explain the situation, and request details. The PF office should assist you, and you can also inquire about the PF annual slips of the employees to verify their status. If the PF authority has dispatched the slips but your employees have not received them, you should question your employer. If your employer does not respond to your inquiries or provide the necessary information, you can file a complaint with the PF authority.
I hope this approach helps you receive a satisfactory resolution.
Regards,