The benefit of increase in of contribution of your colleagues is an additional benefit they company is giving
In most cases, hr would have given your colleagues less increment to make up the increased PF contribution, but they appeared to have decided instead to give them a benefit,
14th May 2017 From India, Mumbai
That means I had filled form 11 in order to get employee side of in my in hand salary .. following is the structure of increment took place ..
Last in hand: 23030
Last pf employer :1470
Last pf employee : 1470
Last gross: 24500
Last CTC : 25970
However current CTC became : 31001!
Gross : 29086
In hand : 24500
Pf : nil
Increment : 12%
Current : 27440
15th May 2017 From India, Delhi