Hello everyone,
i was just going thru the PF calculations here in CiteHr...And came across a beautiful excel sheet which was carrying salary breakup calculations where in PF deductions employees share 12% and employers share 12%,both were deducted from Employees salary...is it true?it happens like that???employees have to pay for both??
i have attached the salary breakup excel sheet (plz do not mind as i copied it from CiteHR only,i know it is someones copyright)
please help me clear my doubts.
Paromita
From India, Pune
2i was just going thru the PF calculations here in CiteHr...And came across a beautiful excel sheet which was carrying salary breakup calculations where in PF deductions employees share 12% and employers share 12%,both were deducted from Employees salary...is it true?it happens like that???employees have to pay for both??
i have attached the salary breakup excel sheet (plz do not mind as i copied it from CiteHR only,i know it is someones copyright)
please help me clear my doubts.
Paromita
From India, Pune
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PF Judgement - Bom HC - Temp employee.doc