Hello Sir/Mam,
There is some confusion in CTC structure. As per my knowledge employer contribution in EPF is 13.61%(12%+1.61%). and i also using the same for CTC Computation.
But some where i have seen employer contribution is 12% only in CTC Structure.
Kindly suggest which one is correct.
Regards'
HR
There is some confusion in CTC structure. As per my knowledge employer contribution in EPF is 13.61%(12%+1.61%). and i also using the same for CTC Computation.
But some where i have seen employer contribution is 12% only in CTC Structure.
Kindly suggest which one is correct.
Regards'
HR