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Get ready for higher PF deduction and lower take-home pay

Postby autoBOT » Tue May 28, 2013 7:30 pm

Your in-hand salary is likely come down significantly, if the Employee Provident Fund Office (EPFO) goes ahead with its proposal to redefine the salary component used for calculation of provident fund contribution.



Tue, 28 May 2013 12:46:36 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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Re: Get ready for higher PF deduction and lower take-home pay

Postby navsin » Tue May 28, 2013 8:33 pm

I think employer's contribition for EPF will increase, thereby benefitting the employee.
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