Posted inKey4comply Blogs

The “Cash Component” Mystery: Is Your PF Being Shortchanged?

The Real-Life Scenario Your salary arrives partly via bank transfer, partly in cash. When you check your EPF portal, contributions are calculated only on the bank-transferred portion. HR calls it a “tax-saving hack.” In reality, this practice may be shrinking your retirement savings and violating labour law. 1. What Counts as “Salary” for PF? Law […]