18 September 2008
Our company deducted Rs. 780/- as PF from mysalary though my basic salary is more than Rs.6500/-. I have resigned the job during 15.08.08 and they have fully settled my accounts. But at the time of full and final settlement they have deducted Rs. 764/- for PF. I have a doubt whether PF deducted is correct and why don't we calculate on pro rata basis.(i.e) Rs. 780/- is for full month so they have to deduct Rs.390/- for 15 days.