These days, companies are making their PF a part of the Annual CTC. When the tax is calculated, under deductions, only the employee's contribution is considered exempt, not the employer's contribution, even though it is a part of the CTC. This means we are paying it from our salary. Please advise if both contributions should be exempt from taxation or just the employee's contribution.
From India, Gurgaon
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From India, Gurgaon
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Employer-PF-res trict to wages of Rs 6500.pdf