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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?
@vinaygb,
What country, and what are all the abbreviations?
@vinaygb,
ESI = employee side income
PT = provident fund
PF = pension fund
http://www.citehr.com/70854-pf-pt-esi-calculation.html
From that link I cited, I am guessing it's India.