Hi,
My current employer is a pvt. ltd. company with 90+ employees.
In the CTC break up, the company is adding the employer PF Contribution amount.
Example:
Basic 1,60,000
HRA 80,000
Conveyanc 9,600
Medical 15,000
Special Allowance 1,16,200
Employer Provident Fund 19,200
Total CTC 4,00,000
Is this break up correct.
Please help me to understand.
Thanks
My current employer is a pvt. ltd. company with 90+ employees.
In the CTC break up, the company is adding the employer PF Contribution amount.
Example:
Basic 1,60,000
HRA 80,000
Conveyanc 9,600
Medical 15,000
Special Allowance 1,16,200
Employer Provident Fund 19,200
Total CTC 4,00,000
Is this break up correct.
Please help me to understand.
Thanks