Understanding Payslip Details: Should Both Employee and Employer PF Contributions Be Listed?

Karthi.poise
Cost to Company Details

The Cost to Company per annum we planned to offer is 3,26,424. Out of this Cost to Company component, there is no variable pay or bonus added. We deduct an employee provident fund of 1,800 per month and an employer provident fund of 1,800 per month. The PF contribution is the only component deducted from the Cost to Company.

Cost to Company Per Annum = 3,26,424
Cost to Company Per Month = 27,202
PF Contribution (both employee & employer) Per Month = 3,600
Net Pay Per Month = 23,602

Payslip Details

Please find attached our payslip, which shows the gross salary per month, employee PF contribution, and Net Pay.

1. My question is, when we release the payslip every month, do we have to mention both employee & employer PF contributions?
2. Should the PF contribution mentioned in the payslip be the sum of both employee & employer PF contributions?

Regards,
[username]
fc.vadodara@nidrahotels.com
Payslip of an employee shows only the Gross Part and not the CTC part. Hence, all earnings and deductions of the employees are shown in the Payslip where the employer's contribution is not featured.
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