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Contract labours do not get PF deduction in most cases. In the rare cases they do, it is the same 12% like permanent staff
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∙ 11y ago
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Is pan number necessary for deduction of pf?
No
What was the percentage of pf deduction in India after 1952?
12% of your basic salary is deducted as PF every month and remitted with your EPF account. This amount will be given to you either when you retire or when you resign from your job. You can also withdraw it for certain occasions in between
Is minimum wages the lowest basic pay on which pf is to be deducted?
Pl. tell me minimum basic salary/wage for pf deduction
Is provident fund a part of direct wages or an overhead?
Pf deduction from your direct wage direct wage-your basic salary (12 percent deduction from employee,13.61 from employer).
What is consolidated salary?
It is a Gross salary which have no any deduction such as EOBI,PF,and medical. when it deduction from gross salary is called net salry. Regards,umar shahzad Gujjar M.COM
Is a company having less than 20 employees should be registered on pf?
Some establishments having less than 20 employees would also be required to obtain PF registration but that is voluntary registration. All the employees will be eligible for a PF from the commencement of their employment and the responsibility of deduction & payment of PF lies with the employer.
Can we open PPF account of employee in company instead of PF account?
No. This cannot be done. A PPF Account is not mandatory for employees from an employer perspective but a PF account is. The government Mandates Provident Fund deduction for all permanent staff of companies. The PPF is a service which is available for interest citizens but it is not mandatory.
Write a letter to employer not to deduct pf contribution?
To, Account department Sub: Provident deduction Dear Mam, This is Radheshyam pal, I am your new employee of your company I want request you please do not Deduct my P.F in my salary. Please do needful. Faithfully Radheshyam pal.
What is the percentage of provident fund's in 2012-13?
The current rate of interest offered in PF is 8.6% (As of 2012-2013)
What percent pf 282 is 112.8?
percentage = 40%% rate:= 112.8/282 * 100%= 0.40 * 100%= 40%
What percentage of people in Kenya farmers?
79% http://www.ifad.org/operations/projects/regions/pf/factsheets/kenya.pdf
Why in India people get low wages?
pharma companies giving target to field worker very terrible most of the concern not analyses,also cheating salary,pf,gratituity,leaves chart not maintain,not opey the spe act,salary deduction,allowance deduction,poor increment,cheating medical allowance.70% of companies are like this,
