inmenon
Hi, Should the employer PF contribution be shown in CTC as 12% or 12.85% including the PF Admin charges?
From India, Bangalore
bssiraj
1

Dear Menon,
Salary breakup mentioned in below details.
CTC (Gross+Benefits)
Gross(Net Salalry+Employee Statutory Deduction)
Net Salary(Gross-Employee Statutory Deduction)
Actually as per the Statutory upto the Gross Salary breakup is mandatory. Rest of the things depends on you HR policy. Employer contribution as per the new amendments 12.85% is absolutely correct.
Siraj/HR

From India, Kolkata
Anbarasu R
2

Dear Menon, Ac No.1 - 3.67% Ac No.2 - 0.85% Ac No.10 - 8.33% Ac No.21 - 0.5% Ac No. 22 - 0.005% Total employer contribution is 13.36% including admin charges. Thanks, Anbarasu
From India, Chennai
mkandukuri
12

Best practise is not to include all others and show only 12%, as others are not a benefit which an employee takes home. Regards, Murali
From India, Hyderabad
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