I work in a Pvt Organisation where our employer considers the provident fund as a part of the CTC. Our deductions are the same amount that we contribute to EPF, i.e., ₹324 mine/₹324 employer's. Why is that so? My PF slip shows the employer's contribution of 30.56% only, i.e., ₹324 mine/₹99.01 employer's.
If the same amount is deducted from my salary, then why is it not contributed to the provident fund by the employer?
Considering the deductions in my CTC yearly, if I get a lesser amount of 69%, what should I do?
If the same amount is deducted from my salary, then why is it not contributed to the provident fund by the employer?
Considering the deductions in my CTC yearly, if I get a lesser amount of 69%, what should I do?