Dear Forum,
I have joined as a contract employee for an organization. In the offer letter, it was mentioned that my consolidated salary would be 30k per month. After the 1st payslip is generated, I can see that EPF is deducted as 12%. My question is, is that Employee PF or Employer PF contribution? Does the consolidated salary include Employer PF contribution as well? Please help.
I have joined as a contract employee for an organization. In the offer letter, it was mentioned that my consolidated salary would be 30k per month. After the 1st payslip is generated, I can see that EPF is deducted as 12%. My question is, is that Employee PF or Employer PF contribution? Does the consolidated salary include Employer PF contribution as well? Please help.