aamiliyan
Dear Taxation experts,
Understand the very purpose of inclusion of ESIC and PF (employer's contribution) as part of employee's overall package under CTC concept. My doubt here is, then why the Employee should not get tax benefit on Employer's contribution part of PF as well (Employer has made it as a part of his / her CTC) ?

From India, Mumbai
saiconsult
1899

Because the employer’s contribution is not going from employee’s income and hence does not qualify for I.T deduction as per my understanding. B.Saikumar Mumbai
From India, Mumbai
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