Query for salary annexure

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2013 dear sir
i am working in ltd com
i have query to be clear regarding salary annexure which i recd.
they offer me 2.40 Lac and out of that PF deduction showing 2400 ie 1200 each 50% 50% but both amount deduction showing from 2.40 Lacs is this right annexure?
both sharing of pf amt is from my offered salary
please help me.

thanks & Ragards
Suresh Deshmukh

Tushar Desai

Tushar Desai (Expert)
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02 April 2013 first of all, provide break-up of 2.4 lac.

Clearly mention BASIC & DA amount.

CA RICHA BADALIA

CA RICHA BADALIA (Expert)
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02 April 2013 Your contribution will be deducted from salary. Employers contribution will form part of CTC. 2.40 lakhs is CTC to company.

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Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2013 ok
actually what they offer me in annexure is missing 1200 rs, while tallying

they offered me 2.40 lacs

means per month 20000
Profession Tax 200
PF 1200
Net Salary PM 17400
Total 18600 if practically i done

then there is missing of 1200 tally which is part of my salary i ask them regards this they use to tell me this PF related

employer contribution also occurred from my offered salary.

pls tell me what rule say regard PF?
How employer need to contribute PF Amt from offered salary or from seprately?
he is deducting both contribution and kept hiding no show.

Regards
Suresh Deshmukh

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2013 ok
actually what they offer me in annexure is missing 1200 rs, while tallying.

they offered me 2.40 lacs means
per month 20000
Profession Tax 200
PF 1200
Net Salary PM 17400
Total 18600
if practically i done then there is missing of 1200 tally which is part of my salary i ask them regards this they use to tell me company policy.
this PF related employer contribution also occurred from my offered salary.

pls tell me what rule say regard PF?

How employer contribute PF Amt from offered salary or from seprately?

he is deducting both contribution and kept hiding no show. Regards

Suresh Deshmukh

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2013 pls assist in this situation.

Regards
Suresh

CA RICHA BADALIA

CA RICHA BADALIA (Expert)
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03 April 2013 Rs. 20,000 which is offered to you includes PF -employers contribution of Rs. 1200. Therefore they are deducting Rs. 1200 and paying you net amount.