Confused About Double PF Deductions? Let's Discuss Why It's Happening

Kiran Changlani
Hi, may I know why a double deduction is being made from my salary? According to my understanding, after the deduction of ESI and PF from the CTC, the remaining amount should be credited to my account as a monthly salary. Currently, I am working with a pharmacy company, and they are deducting PF twice - once as an employee and once as an employer.
nanu1953
There are several posts regarding the concept of CTC in this forum. In your CTC, the employer's portion of PF & ESI contribution has been considered. Now, while processing payroll, the employee's portion of PF & ESI contribution, along with PTAX if any, will be deducted from the employees' earnings.

The Employee's Portion of PF & ESI Contribution
The employee's portion of PF & ESI contribution is not part of CTC.

Regards, S K Bandyopadhyay (WB, Howrah)
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute