No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


inmenon
Hi, Should the employer PF contribution be shown in CTC as 12% or 12.85% including the PF Admin charges?
From India, Bangalore
bssiraj
1

Dear Menon,
Salary breakup mentioned in below details.
CTC (Gross+Benefits)
Gross(Net Salalry+Employee Statutory Deduction)
Net Salary(Gross-Employee Statutory Deduction)
Actually as per the Statutory upto the Gross Salary breakup is mandatory. Rest of the things depends on you HR policy. Employer contribution as per the new amendments 12.85% is absolutely correct.
Siraj/HR

From India, Kolkata
Anbarasu R
2

Dear Menon, Ac No.1 - 3.67% Ac No.2 - 0.85% Ac No.10 - 8.33% Ac No.21 - 0.5% Ac No. 22 - 0.005% Total employer contribution is 13.36% including admin charges. Thanks, Anbarasu
From India, Chennai
mkandukuri
12

Best practise is not to include all others and show only 12%, as others are not a benefit which an employee takes home. Regards, Murali
From India, Hyderabad
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.




About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.