
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 ?
Some companies pay 12% of basic as employer contributions and some does ₹1800. How does it make a difference in overall package ? Which is beneficial?
Is 1800 deduction better or Maximum deduction 12% is better? Please elaborate your opinions.
What's the %PF contribution you make from your salary ? Is anyone aware of this percentage can be reduced?