a) Your PF contribution deduction will be higher and your take home salary may be reduced. b) Most of the companies hire employees on CTC basis and if employer’s increased contribution is also factored in your current CTC; the take home salary will be reduced further. 2) Your employer ma...
After 1stSeptember 2014 PF Department said if any person starts his new job with a salary more than Rs. 15000 then his pension contribution would be nil. Often employer not being aware of it cuts the EPF. This was introduced through an official notification called GSR 609(E).The GSR 609(...
I have resigned from job in Feb’20 and raised final pf settlement and pension withdrawal on 16th June ’20. My claims are under process as on date. While going through the previous posts, I can understand that due to pandemic situation my claims may not be settled in a short while as ...
The long form or the Form 1040 can be used by all taxpayers. You must use it if you have an income more than $100,000 including income from rents, business, foreign earnings, capital gains and have various income adjustments, tax deduction and credits. In addition to any of the above f...