Hello All,
I have one query regarding provident fund deduction, As per rule of Provident fund contribution is from both side 12% from Employee & Employer that will on basic salary ri8.
Is there any rule that Employeer can deducted both amount from employee salary.
As I m Working in one of IT software pvt ltd company as HR, We has to start to deduct provident fund but boss it telling that employee & employer contribution both will be deduct from employees salary.so Please any one help me to know the rules of Provident funds.
Thanks
Himani
I have one query regarding provident fund deduction, As per rule of Provident fund contribution is from both side 12% from Employee & Employer that will on basic salary ri8.
Is there any rule that Employeer can deducted both amount from employee salary.
As I m Working in one of IT software pvt ltd company as HR, We has to start to deduct provident fund but boss it telling that employee & employer contribution both will be deduct from employees salary.so Please any one help me to know the rules of Provident funds.
Thanks
Himani