Dear Seniors,
Can i show Employer PF contribution as part of CTC (as shown below). Need your expert opinion.
Components:
Basic Pay + DA:
House Rent Allowance:
Medical Allowance:
Conveyance
Special Allowance
Bonus
Employer PF:
Total (A)
Deduction
Professional Tax
Provident Fund (Employee & Employer Contribution)
Total Deduction (B)
Net Take Home before TDS:
Is the above bifurcation legal, kindly advice.
Regards,
Glenn
Can i show Employer PF contribution as part of CTC (as shown below). Need your expert opinion.
Components:
Basic Pay + DA:
House Rent Allowance:
Medical Allowance:
Conveyance
Special Allowance
Bonus
Employer PF:
Total (A)
Deduction
Professional Tax
Provident Fund (Employee & Employer Contribution)
Total Deduction (B)
Net Take Home before TDS:
Is the above bifurcation legal, kindly advice.
Regards,
Glenn