Hello Everyone,
I have a query related to my current CTC. In that 760 Rs. is deducted from my salary for PF contribution. But the company contribution the same amount is deducted from the special allowance. Basically my salary is 15833 Rs, after all deductions I am getting 14113. Which means 760 is deducted twice. Once from the PF contribution and secondly from the special allowances. In my previous company their was no such deduction happened. Previous employer did not mention the company contribution amount for PF in salary structure, then also I was getting the benifit.
Here is my CTC:
A. Fixed Compensation
Basic Salary 6333
House Rent Allowances 2533
Conveyance Allowances 800
Special Allowances 4157
Medical Allowances 1250
PF 760
I have a query related to my current CTC. In that 760 Rs. is deducted from my salary for PF contribution. But the company contribution the same amount is deducted from the special allowance. Basically my salary is 15833 Rs, after all deductions I am getting 14113. Which means 760 is deducted twice. Once from the PF contribution and secondly from the special allowances. In my previous company their was no such deduction happened. Previous employer did not mention the company contribution amount for PF in salary structure, then also I was getting the benifit.
Here is my CTC:
A. Fixed Compensation
Basic Salary 6333
House Rent Allowances 2533
Conveyance Allowances 800
Special Allowances 4157
Medical Allowances 1250
PF 760