Monday, July 27, 2009

Re: [TTABSNL] regarding EPF recovery

 

Dear ramkrishna,
recovery of EPF is against the EPF rules and if u remember EPFO india has asked BSNL to refund such amount. Against this BSNL has appealed to give it relaxation. U can also collect this information from the minutes of meeting of the recently held NCM. So outcome of the appeal will decide the future of these recovery deductions.
Any regarding ur query with regards to interest EPF office has made it very clear that interest will be calculated for the actual month for which the deduction is taken place and it will put a fine on the organisation for the delay in such cases. EPFO has clear intentions that employee shld not be in loss.
 
In case of any queries of clarification, pls feel free to call on 9422268970.
 
regards,
 
Santosh J. Devadiga.



From: ramakrishna r.s <rs_ramakrishna@yahoo.com>
To: TTABSNL@yahoogroups.com
Sent: Monday, 27 July, 2009 7:22:30 PM
Subject: [TTABSNL] regarding EPF recovery

 

hello freinds
i need following clarifications about epf recovery. if anybody have clear info. pl. reply

   our ssa started deducting 2000 per month from salarywithout any intimation.Accounts dept. replied to some of our collegues that the amount is the recovery of previous years where the pay  section wrongly deducted our epf contribution.
 
1. if pay section wrongly deducts the amount(read less than actual amnt.). whether it is correct to recover the same in later yrs.
2. is there any guidelines about this type of mistakes.
3. what about the interest loss for this amount. who should bare this.

freinds any of u are having clear info. or gone through this situation pl. reply. becoz in our ssa we are 21 and facing this problem frm this month.

r.s.ramakrishna
ahmednagar ssa
maharashtra
9423164937


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