Tue 18 Sep, 2012 09:18 pm
I am working in a company. This company is giving me education along with work. Its paying me a stipend. And they are not giving me any PF. But every month they will deduct ESI and PT. I want to know if this is correct? Because if ESI and PT is deducted why not PF?
What country, and what are all the abbreviations?
ESI = employee side income
PT = provident fund
PF = pension fund
From that link I cited, I am guessing it's India.