PF is less even the kg is high
Recently I got offer from a small product based company, offered salary is 1.5 fixed and 10-15% variable but the monthly pf is just 1800. Why they are cutting less PF,it should be 12% of salary. What should I do?
What's the %PF contribution you make from your salary ? Is anyone aware of this percentage can be reduced?
It's 12% of your base. Can be reduced, but only the hr teams know how to do it.
Basic* not base
Also what happens to the employer's contribution, does that reduce?
Would you suggest to reduce if 80c deduction is already taken care of? And is it sure that it can be reduced?
Recently I got offer from a small product based company, offered salary is 1.5 fixed and 10-15% variable but the monthly pf is just 1800. Why they are cutting less PF,it should be 12% of salary. What should I do?
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 ?
I have very few knowledge on Tax. So sharing my queries here. Kindly guide me
In my Apr month salary slip I got to know about this.
Annual Income - 7,67,xxx Net Tax Income - 7,17,xxx (After deduction 50k) Tot. Tax payable - 17,xxx Tax...
It's been close to a year since I am earning a salary and this is what I do: