Mr. Amit,
I just want one more clarification in respect of PF contribution by the employer . As we know the rate of contribution for both the employee & the employer are 12% & 13.61% respectively. I may be made clear whether the balance 1.61 % which is contributed excessively by the employer is deducted from the employee's salary (Basic+D.A.) or contributed by himself / itself. Hope to receive any reply from your end in my following e-mail Id. Thanking you.
[Biswajit Pani]
e-mail ID: [Login to view]
I just want one more clarification in respect of PF contribution by the employer . As we know the rate of contribution for both the employee & the employer are 12% & 13.61% respectively. I may be made clear whether the balance 1.61 % which is contributed excessively by the employer is deducted from the employee's salary (Basic+D.A.) or contributed by himself / itself. Hope to receive any reply from your end in my following e-mail Id. Thanking you.
[Biswajit Pani]
e-mail ID: [Login to view]