Hi All,
I have recently joined a new company, My basic salary is Rs.69000 but my Pf deduction is only Rs.780 so the contribution of the employer towards the Pf is also only Rs.780. I had the idea that contribution to the PF a/c should be minimum 12% of basic. I talked to the HR regarding the same but I was said that this is as per the rule.Contributing atleast 12 %+12% towards my pf account saves some tax and also secures my future.So Plz help me regarding this n if this is wrong where can I complain about it for this amount is almost same for every employee over here.
Thanks & regards
I have recently joined a new company, My basic salary is Rs.69000 but my Pf deduction is only Rs.780 so the contribution of the employer towards the Pf is also only Rs.780. I had the idea that contribution to the PF a/c should be minimum 12% of basic. I talked to the HR regarding the same but I was said that this is as per the rule.Contributing atleast 12 %+12% towards my pf account saves some tax and also secures my future.So Plz help me regarding this n if this is wrong where can I complain about it for this amount is almost same for every employee over here.
Thanks & regards