Contributions of both employee & employer from the employee's salary?

barnodiya1285
Is it acceptable if the Employer is deducting PF Contributions of both employee & employer from the employee's salary?
maniish1311
If employer's pf contribution is mentioned in CTC breakup then it's completely acceptable. If not, then please provide us your entire salary breakup to guide you further.
Regards,
Manish
manojkamble
Hi,
Legally it is not allowed to deduct PF contribution from both side from the employees salary.
hr@unicommobiles.in
But, employer's EPF contribution is mentioned in CTC break up then it's completely acceptable.
Bharath.B.
Sr. Hr Executive,
Shraddha.sak
What if employer's part of contribution is mentioned but not as a deduction but as a cost to company. And just the part of employee's contribution is mentioned as deduction. Is the part of employer's contribution deducted from employer's salary?
Please help me with this..
Regards
Shraddha
maniish1311
Hello Shraddha,
Employer's part of PF contribution is part of cost to company and it is mentioned in CTC breakup. Employee's part of contribution will be mentioned in gross salary. Gross Salary is what employee earns for payable days for the month and CTC is what company bears for that employee.
Regards,
Manish
hr@unicommobiles.in
@ Shraddha,
For EPF Employee Contribution is 12%
Employer Contribution is 13.15
ESIC EE Contribution 1.75%
ER 4.75%
You can show the Employees contributions like ( EPF 12% % ESIC -4.75% only the cost cutting by the Baic ). Then Employer Contribution you make it in the Company cost - and also you can pay according to their No. of working days.
Regards,
Bharath.B
Sr.Hr Executive
9884930240
Pan Singh Dangwal
Dear members,
Let me explain the matter in detail. All the above comments ca be true, that depends upon what is gross payable salary is considered by the employer.
The CTC sheet generally splitted into two parts.
1 - Month Payable Salary (Containing all payable emoluments like Basic, DA, HRA, Allow. Incentives etc. of which only deductions made like PF, ESI, PT, Absent days, advance etc.).
2 - Gross Salary (containing employer's contributions towards PF, ESI, PT, Annual Bonus etc.).
While processing the salary if No. 1 salary is considered than employer PF contribution should not be deducted, but if the gross salary processed as per 2, than employer PF Contribution can be deducted.
I would like to give the proper breakup to your CTC and detail of your monthly salary, than only fellow member can give correct (desirable) comment on it.
hr@unicommobiles.in
@ Pan Singh Dangwal,
Kindly share me discussed details, Fyi,
Regards,
Bharath.B
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