Dear Hiral & Saji,
As we can not reduce employee's CTC by the amount of the PF contribution, could you please let me know under which A/C should we mention that portion of his/her salary?
Regards,
Gargi
From India, Kolkata
As we can not reduce employee's CTC by the amount of the PF contribution, could you please let me know under which A/C should we mention that portion of his/her salary?
Regards,
Gargi
From India, Kolkata
You dont have to show it into any account till the applicablity. Please ask your Accounts Head for further clarification.
The working of CTC in the appointment letter can be shown in the Annexure of salary, and in Notes you clearly mention that the contribution towards PF will be accounted only on applicability.
Last but not the least, the CTC is a working, and is not to be shown in the Salary slip. In Salary Slip the Gross Salary and the Deductions are mentioned, to the best of my knowledge.
From India, Ahmadabad
733The working of CTC in the appointment letter can be shown in the Annexure of salary, and in Notes you clearly mention that the contribution towards PF will be accounted only on applicability.
Last but not the least, the CTC is a working, and is not to be shown in the Salary slip. In Salary Slip the Gross Salary and the Deductions are mentioned, to the best of my knowledge.
From India, Ahmadabad
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FUTSAL FRIENDZY terms and conditions.doc