My pf had been claimed and returned and also some amount deducted from my pf amount so want to know why is it deducted 1400 rs something. my UAN no. 101567638647 contact no. 7047072989
From India, undefined
From India, undefined
Deductions from Your Provident Fund (PF) Account
Deductions from your Provident Fund (PF) account can happen due to various reasons. Some common reasons for deductions from PF include:
Employee Provident Fund (EPF) Contribution
A portion of your salary, typically 12% of your basic pay, is deducted every month as your EPF contribution. This amount is deposited into your PF account.
Employee Pension Scheme (EPS) Contribution
If you are a member of the Employee Pension Scheme, a part of your salary goes towards the EPS contribution.
EPF Administrative Charges
A nominal administrative charge is deducted by the EPFO for managing your PF account.
EPF Insurance Scheme
If you are a member of the Employees' Deposit Linked Insurance (EDLI) scheme, a small portion of your salary is deducted for the insurance coverage.
EPF Withdrawal Charges
In some cases, if you withdraw your PF before a certain period, such as before the completion of 5 years of continuous service, a TDS (Tax Deducted at Source) may be applicable, which results in a deduction.
Any Outstanding Dues
If you had any outstanding loans or dues to your employer related to PF, they might have deducted the amount from your PF settlement.
To get a clear understanding of the specific deductions from your PF account, it is recommended to check your PF account passbook or statement. The passbook will provide a detailed breakdown of all transactions, including contributions and deductions.
Additionally, you can contact your employer's HR department or the regional Provident Fund Office for more information and clarification on the deductions from your PF account. They will be able to provide you with detailed information specific to your case.
Deductions from your Provident Fund (PF) account can happen due to various reasons. Some common reasons for deductions from PF include:
Employee Provident Fund (EPF) Contribution
A portion of your salary, typically 12% of your basic pay, is deducted every month as your EPF contribution. This amount is deposited into your PF account.
Employee Pension Scheme (EPS) Contribution
If you are a member of the Employee Pension Scheme, a part of your salary goes towards the EPS contribution.
EPF Administrative Charges
A nominal administrative charge is deducted by the EPFO for managing your PF account.
EPF Insurance Scheme
If you are a member of the Employees' Deposit Linked Insurance (EDLI) scheme, a small portion of your salary is deducted for the insurance coverage.
EPF Withdrawal Charges
In some cases, if you withdraw your PF before a certain period, such as before the completion of 5 years of continuous service, a TDS (Tax Deducted at Source) may be applicable, which results in a deduction.
Any Outstanding Dues
If you had any outstanding loans or dues to your employer related to PF, they might have deducted the amount from your PF settlement.
To get a clear understanding of the specific deductions from your PF account, it is recommended to check your PF account passbook or statement. The passbook will provide a detailed breakdown of all transactions, including contributions and deductions.
Additionally, you can contact your employer's HR department or the regional Provident Fund Office for more information and clarification on the deductions from your PF account. They will be able to provide you with detailed information specific to your case.
Employee Contribution and Employer Contribution in EPF
Dipti Srivastava - The employee's contribution goes only to the EPF (12% from their salary), whereas the employer's contribution of 12% is divided into EPS (8.33%) and EPF (3.67%), with the remaining 1% going towards EPF admin charges and EDLI.
Regarding Your Attachment
1. Claim 1 is for EPF withdrawal, which was rejected because your name was not printed on the attached canceled cheque. Please file it again with a cheque that has your name printed on it.
2. Claim 2 is for EPF transfer, and I cannot provide the exact reason until Form 13 is displayed.
From India, Rudarpur
Dipti Srivastava - The employee's contribution goes only to the EPF (12% from their salary), whereas the employer's contribution of 12% is divided into EPS (8.33%) and EPF (3.67%), with the remaining 1% going towards EPF admin charges and EDLI.
Regarding Your Attachment
1. Claim 1 is for EPF withdrawal, which was rejected because your name was not printed on the attached canceled cheque. Please file it again with a cheque that has your name printed on it.
2. Claim 2 is for EPF transfer, and I cannot provide the exact reason until Form 13 is displayed.
From India, Rudarpur
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