PF contribution
Why are both employee and employer contributions for PF deducted from the employer's salary ?
In my payslip I see both pf employee and employer. Ideally 1800 should be deducted from my salary so why is 1800*2 is being deducted. Looks like I am paying for the employers share of contributions too. Why so ?
Very common. Most companies keep both parts of PF as part of your Fixed. Just that some companies don’t show it two deductions in payslip. But if you compare payslip data with your Fixed Pay data, you will realize the same.
Only a few companies pay employer PF on top of the mentioned compensation in offer letter.
So technically I am paying the employer share?
Is it your CTC payslip or salary payslip
Its the monthly payslip generated from keka hrms.
Okay normally it is not shown, it's part of CTC, strange it is shown
Why are both employee and employer contributions for PF deducted from the employer's salary ?
I'm a fresher and I don't really understand how companies structure CTC components. What is Base Pay, Special Allowance, etc. ? What all components are actually credited in our accounts?
Is 1800 deduction better or Maximum deduction 12% is better? Please elaborate your opinions.
Hello, I am expecting an offer letter from a company based outside India. They are quoting their salary figures in USD. I wanted to get an idea from the members of this group about the things to keep in mind while being paid in USD. How...