I am working in academic field in a university in Jaipur. They are paying me 11000/- salary. But after the launch of EPF for all employees the management started to give Rs. 9428/-to me in my account. My question is whether it is right salary after deduction from Rs.11000/-.
Employee contribution – Rs.1286/-, Employer contribution- Rs.393/- and pension contribution- 803/-
But as I know they must give 12% from their side but they are deducting from the employee salary all the 24% of salary.
Neeraj-It is completely wrong. You raise the issue with them. If they not heed then register an online complaint with EPFO.
I think I will be sacked immediately.They are doing this with all the employees whose salary is below 15k(around 500 employees).Many of them has resigned immediately the day epf was launched.By the way thanks for your immediate reply. Will talk to this issue with other employee.
Thay might be fooling govt. also by showing forged documents