HI Frens, Kindly let me know whether PF contribution by Employer is actually done by the employer or it gets deducted from the total ctc offered to an employee ????? :?:. :?: :?:
From India, Ahmedabad
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5From India, Ahmedabad
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Hello Vijaya,
PF Contribution of employer-------
If it's CTC you are offering to the candidate, i.e., saying xxxlacs/annum including all emoluments, then PF Contribution of employer is a part of CTC. At the same time, you have to be sure what is stated in the offer letter given to the employee.
From India, Nizamabad
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PF Contribution of employer-------
If it's CTC you are offering to the candidate, i.e., saying xxxlacs/annum including all emoluments, then PF Contribution of employer is a part of CTC. At the same time, you have to be sure what is stated in the offer letter given to the employee.
From India, Nizamabad
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Hi, vijaya , CTC has PF contribution of employer included in it so there is no need to provide it by employer out of CTC.
From India, Gurgaon
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From India, Gurgaon
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anyone can give me the CTC breakup of an employee whose CTC is 9.6 lac per annum. plzz help me out in this...
From India, New Delhi
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From India, New Delhi
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Hello Pinki Singh,
Giving a breakdown like this is not possible because it varies from company to company and is based on company policy. Company policies regarding higher monthly take-home pay, maximizing employee tax savings, and annual benefits are factors that create differences in CTC from company to company.
Regards
From India, Faridabad
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Giving a breakdown like this is not possible because it varies from company to company and is based on company policy. Company policies regarding higher monthly take-home pay, maximizing employee tax savings, and annual benefits are factors that create differences in CTC from company to company.
Regards
From India, Faridabad
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Hello Mahendra,
Actually, I want to know superficially what are those things which will be included in this CTC package? For example, if you are getting 9.6 lakh per annum in your present company, then what will be its breakup?
From India, New Delhi
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Actually, I want to know superficially what are those things which will be included in this CTC package? For example, if you are getting 9.6 lakh per annum in your present company, then what will be its breakup?
From India, New Delhi
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hello mahendra.. thnx alot for ur help...... actully im fresher nd i want to just clear my concept related to ctc breakup of a company
From India, New Delhi
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From India, New Delhi
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Dear Vijaya,
Both employer and employee contributions to PF are components of CTC only. You can deduct 24% of basic+DA+cash value of food concession+retaining allowance, if any, from the employee's CTC.
Regards,
Skantha
From India, Hyderabad
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Both employer and employee contributions to PF are components of CTC only. You can deduct 24% of basic+DA+cash value of food concession+retaining allowance, if any, from the employee's CTC.
Regards,
Skantha
From India, Hyderabad
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Dear All,
If it is CTC, the breakup varies from company to company. These days, few companies are including VPP (Variable Performance Pay) like incentives in the CTC. If we are including the VPP, then what about the employer PF? Do we need to show it to the employees in the CTC?
From India, Bangalore
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If it is CTC, the breakup varies from company to company. These days, few companies are including VPP (Variable Performance Pay) like incentives in the CTC. If we are including the VPP, then what about the employer PF? Do we need to show it to the employees in the CTC?
From India, Bangalore
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Hi Pinki.As per my company policy ctc includes. HRA.CONVEYANCE.EDUCATION.KIT ALLOWANCES.FITMENT.MEDICAL ALLOWANCES.BONUS.EVEN INSURANCE.PF. ETC ...........
From India, Pune
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From India, Pune
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Dear Mahender Singh, i have gone thorugh the attachement. you didn’t mention about the employee PF. Regards, ramesh
From India, Bangalore
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From India, Bangalore
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Dear Frens, The CTC will inclues the total contribution of PF and ESI from employer side also Nandini M S
From India, Bangalore
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From India, Bangalore
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CTC Calculator.xls
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