Hi All, In my company they are calculating PF on gross with a ceiling limit of Rs 15,000. They were asking me to do in the below format..but i am not able to understand and they to don't have complete knowledge as they are blindly following of their consultant. I tried to reach him but he is not responding. The below is the break up:
Basci : 5206
HRA: 2082
Conveyance All: 1600
Other Allowances: 4127
Gross: 13015
PF Employer: 1562(On gross)
ESI Employer: 423
PT: 150
CTC: 15000
Take Home salary is Rs 10878
Any one can explain me in detail of the above structure?
Thanks & Regards
Basci : 5206
HRA: 2082
Conveyance All: 1600
Other Allowances: 4127
Gross: 13015
PF Employer: 1562(On gross)
ESI Employer: 423
PT: 150
CTC: 15000
Take Home salary is Rs 10878
Any one can explain me in detail of the above structure?
Thanks & Regards