How to calculate cost to company 20,000 where the PF is deducted from the gross?

pragati-kamble
My gross salary is Rs.18000. CTC is Rs.20000. PF amount is 2,000
CTC= 18,000+2,000..
In hand I receive only Rs. 16,000.
How to calculate cost to company 20,000 where the PF is deducted from the gross. Company is paying only 18k : 16k in hand and 2 k as pf.
Isn't the calculation method wrong?
sandeep2079
Please understand.
CTC is your cost to company it includes everything which company is spending on you.
Gross Salary is your earnings out of which your part of PF is deducted and same amount is paid by the company.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute