HELLO SENIORS,,
Greetings of the Day!!!
i have been working in a company for last one year, where we used to calculate PF contribution like this:
Employee Salary=10000
Employee contribution(12%)=1200/-
Employer contribution(13.61%)=1361/-
now they have adopted system like this:
Employee Salary=10000
Employee contribution(12%)=1200/-
Employer contribution(13.61%) @ 6500=780/-
is it right to make such changes in EPF without giving information to the employees/workers.
Kindly revert to me as soon as possible.
With regards,
Shams Tabrez
Greetings of the Day!!!
i have been working in a company for last one year, where we used to calculate PF contribution like this:
Employee Salary=10000
Employee contribution(12%)=1200/-
Employer contribution(13.61%)=1361/-
now they have adopted system like this:
Employee Salary=10000
Employee contribution(12%)=1200/-
Employer contribution(13.61%) @ 6500=780/-
is it right to make such changes in EPF without giving information to the employees/workers.
Kindly revert to me as soon as possible.
With regards,
Shams Tabrez