Dear Mr.Tatkare,
The management can deduct the employer share as well as employee share from CTC because all costs that incur because of recruiting an individual constitutes an CTC. I hope you know very well that all Salary Components are included in CTC.
Its like, Basic Salary + Dearness Allowance + House Rent Allowance + Conveyance Allowance + Leave Travel Allowance + Medical Allowance + Other & Special Allowance + All employer part of contributions to deductions = Cost to the Company
Cost to the Company - All employer part of contributions to deductions = Gross Salary
Gross Salary - All employee part of contributions to deductions = Net Salary
IN this deductions are mostly EPF, ESI, PT, Loan, TDS, etc.
So, It is obviously not the question of ethics... It is upon the perception of the individual.
The management can deduct the employer share as well as employee share from CTC because all costs that incur because of recruiting an individual constitutes an CTC. I hope you know very well that all Salary Components are included in CTC.
Its like, Basic Salary + Dearness Allowance + House Rent Allowance + Conveyance Allowance + Leave Travel Allowance + Medical Allowance + Other & Special Allowance + All employer part of contributions to deductions = Cost to the Company
Cost to the Company - All employer part of contributions to deductions = Gross Salary
Gross Salary - All employee part of contributions to deductions = Net Salary
IN this deductions are mostly EPF, ESI, PT, Loan, TDS, etc.
So, It is obviously not the question of ethics... It is upon the perception of the individual.