0
Is PF to be paid by the company into the employees account is deducted from employees salary?
No, the Provident Fund (PF) contribution is not directly deducted from the employee's salary. Instead, it is a statutory benefit where both the employer and employee contribute a percentage of the employee's basic salary to the Provident Fund account. The employer's contribution is a separate contribution made by the company, while the employee's portion is typically deducted from their salary before it is disbursed.
What else can I help you with?
How do you write letter to employer about change of bank account and deposit salary?
letter advising employees of company bank change
How do you withdraw Employees Provident Fund without the signature of the employer?
You can try visiting your nearest PF office and provide them with proof of PF being deducted from your salary and credited to your account. They may be able to help you with this.
Is salary calculated before or after taxes are deducted?
Salary is typically calculated before taxes are deducted. This is known as the gross salary. Taxes are then deducted from the gross salary to determine the net salary, which is the amount an individual actually receives.
Details about provident fund?
Some general Provident Fund rules are: 1. Every month atleast 12% of the employees basic salary must be deducted and deposited as EPF 2. A contribution would be made by the employer as well into the employee's EPF account. 3. The PF account would earn an interest of 8-8.5% depending on what the government fixes every year. 4. An employee can make partial withdrawals from his PF account but he cannot close it until he remains in employment. 5. At the time of retirement, all the money that got accumulated in your PF account would be settled in full.
How many percentage of TDS deducted from Salary?
what is the percentage of tds on salary ?
How much is left after 24815.00 in taxes is deducted from an annual salary of 83500.00?
How much is left after 24815.00 in taxes is deducted from an annual salary of 83500.00?
Will a employees of subsidiary company enjoy equal salary structure of a parent or holding company in India?
Not necessarily.
How much the amount were deducted from your salary by the name of pf?
Usually it is 12% of your basic salary
What is the salary range for Target employees?
The salary range for Target employees is between minimum wage for your state and $15.00 an hour. The actual amount depends on how long you have been with the company and what your position is with the store.
What is the annual salary of pay grade 33?
This will be different for each company. You will have to see the different grades that the company offers to employees.
What are gross earnings?
Your gross salary is your salary before the federal with-holding, state with-holding and social security taxes are deducted. once everything is deducted, that money that you get to take home is your net salary or net pay.
Can your salary be paid into a bank account in a different name?
No. A person's salary can be paid only into a bank account that is held by the person to whom the salary is paid. For ex: if I work ABC company and get a monthly salary of USD $3000, the money can be credited only into a bank account that has my name as the account holder. It cannot be paid into your bank account.
