Pf In Ctc - Xls Download

Dear Singh,
normally every time we hear The toal CTC, or your package is this much,
that means, it includes all the annual perks given by the employer, that includes PF contribution of employer also.... not only that some employers include Gratuity contribution ( 4.8 % ).
So while negotiating CTC, should negotiate abot the take home salary also.
Regards
Rajanikanth
Asst Manager- HR

Cost to the Company includes the following:
Gross Salary,
Fixed Bonus and incentives,
Employer's contribution to PF,
Employer's contributiont to ESI,
Employer's contribution to Gratuity,
Employer's contribution to Medical Insurance Policies,
Employer's contribution to Superannuation Policies
Employer's contribution to Life Insurance Policies,
Any other benefits that the employer offers to the employee
Regards
Bala
Cogzidel Consultancy Services

I agree with Sachin... since CTC means what you are costing to the company the emplyers share of PF is also included in it.. Although it is not reflected in the Salary slip.

12% employee
12% employer= 8.33% Pension scheme and 3.67% pf
1.16% Admin charge
0.50% edli scheme
jagdish padhiyar-MLW

CTC in itself denotes Cost to Company.. It includes direct as well as indirect cost which is going to be incurred by the company to the respective employee..
Direct Cost is his/her Gross Salary
Whereas Indirect cost may have a number of attributes.. Some are
Gratuity Provision
Employer PF contribution
Employer ESIC Contribution
Provision of Bonus if applicable
Medical Insurance
Group Personal Insurance
LTA and
if any other
Regards
Amit Seth.

A Heartfelt Thanks to one and all for having such a nice discussion here and making me clear all the doubts regarding the topic...!!!!
I appriciate you all...!!!!

Yes Employers contribution can be added to CTC, it can be considered as a compnay policy as their is no Statutory rules for it

CTC (Cost to Company) is the cost incurred on an employee. So employer normaly adds his PF contribution in package itself.
PF is not only one thing which is added in CTC but LE, Employer contribution of ESI , Gratuity , LTA is also been added in Package of the employee

Yes....it is included in CTC. CTC means all the emoluments/benefits provided by employer to employee in terms of money.
With regards,
V.R.Murthy Akella

Hi All,
only 12% of Employer Contribution to be added in CTC, the Admintration charges: 1.10%, EDLI Charges:0.50% and EDLI Inspection Charges: 0.01% should not be included in the CTC.
Regards,
Deepak