Greetings All,
I am a frequent visitor of this forum and it left me in awe seeing the spontaneous responses from the eminent HR's for the queries posted.
I have a small query pertaining to the PF deductions. The PF is deducted from the salary which constitutes 12% from the basic pay. and 12% is from employer end. My query is,
1.Is this 12% employer's contribution is included in the employee's CTC or not which is mentioned in the offer letter.
2.Is there any thumb rule that the CTC should not be deducted from the employee's salary(i.e.Employers contribution from employee salary).
3.If it is done so(Deducting employer's PF from employee's salary) then is it legitimate. If not,what is the best possible thing that could be done.
I am Callow about this PF deductions and it would be great if someone advocates me to clear this ambiguity.
Thank You in Advance.
I am a frequent visitor of this forum and it left me in awe seeing the spontaneous responses from the eminent HR's for the queries posted.
I have a small query pertaining to the PF deductions. The PF is deducted from the salary which constitutes 12% from the basic pay. and 12% is from employer end. My query is,
1.Is this 12% employer's contribution is included in the employee's CTC or not which is mentioned in the offer letter.
2.Is there any thumb rule that the CTC should not be deducted from the employee's salary(i.e.Employers contribution from employee salary).
3.If it is done so(Deducting employer's PF from employee's salary) then is it legitimate. If not,what is the best possible thing that could be done.
I am Callow about this PF deductions and it would be great if someone advocates me to clear this ambiguity.
Thank You in Advance.