Employer PF Contribution - CiteHR
Mkandukuri
Director - Hr
Anbarasu R
Junior Executive In Hr
Bssiraj
Hr Executive
+1 Other

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Hi, Should the employer PF contribution be shown in CTC as 12% or 12.85% including the PF Admin charges?
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

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
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
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™