Dear Sirs,

I want to know, in CTC breakup, which allowances should not be considered in EPF deduction? Suppose a person is getting 23,000.00 a month and wants to reduce PF deduction, what options should we have?

From India, Patna
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Hi, You have to deduct PF contribution only from Basic+DA so there is no question of which allowances you should consider or not. With Regards Mr.Thumbs Up
From India, Chennai
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Dear SaketK, Refer the attachment, this will help you understand it much better. The PF is on Basic+DA+any retentation amount (if applicable) Regards, Ashutosh Thakre
From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf PF_not_applicable_on_CTC_18.3.2014.pdf (530.4 KB, 133 views)

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