Dear Seniors,
One of our employees has raised a question that by enhancing ceiling of contribution to Pension fund ie from 8.33% of Rs. 6500/- to 8.33% of Rs. 15000/- has decreased contribution to their PF fund by the employer. They are losing Rs. 700/- per month from their part.
Isn't it a valid question?
Regards,
Sandeep Kumar Rai
One of our employees has raised a question that by enhancing ceiling of contribution to Pension fund ie from 8.33% of Rs. 6500/- to 8.33% of Rs. 15000/- has decreased contribution to their PF fund by the employer. They are losing Rs. 700/- per month from their part.
Isn't it a valid question?
Regards,
Sandeep Kumar Rai