Dear All,
Please note I have joined a mid size company though it is 50 year old company before this date there was no professional hired.
Now management are hiring Professional and in expansion mode and hence I joined the board.
Now to my surprise I found that in the Payslip we are showing PF deduction of the Employee and under Employee we are also show the bifurcation of 8.33 under PS and balance under PF.
To by best knowledge it is legally not correct and as per the Act also it is not correct but before going to the Management and Pointing out the same I need your feed back on the issue.
Also do let me know if I am correct what could be the implication.
regards
Shakila
Please note I have joined a mid size company though it is 50 year old company before this date there was no professional hired.
Now management are hiring Professional and in expansion mode and hence I joined the board.
Now to my surprise I found that in the Payslip we are showing PF deduction of the Employee and under Employee we are also show the bifurcation of 8.33 under PS and balance under PF.
To by best knowledge it is legally not correct and as per the Act also it is not correct but before going to the Management and Pointing out the same I need your feed back on the issue.
Also do let me know if I am correct what could be the implication.
regards
Shakila