Regarding pf employer contribution
This query is : Resolved
22 April 2014
Dear Experts
PF employer contribution is part of CTC or Excluded from CTC. please clarify my doubt.
Thanks In Advance.
PF employer contribution is part of CTC or Excluded from CTC. please clarify my doubt.
Thanks In Advance.
22 April 2014
It is always Part of CTC.
22 April 2014
Dear sir,
if we offered 300000 CTC TO AN EMPLOYEE IN THAT EMPLOYEE SHARE OF CONTRIBUTION WE WILL DEDUCT AND COMPANY CONTRIBUTION NOT TO BE DEDUCT FROM THIS CTC. IS IT CORRECT SIR?
if we offered 300000 CTC TO AN EMPLOYEE IN THAT EMPLOYEE SHARE OF CONTRIBUTION WE WILL DEDUCT AND COMPANY CONTRIBUTION NOT TO BE DEDUCT FROM THIS CTC. IS IT CORRECT SIR?
22 April 2014
when you say that CTS is Rs 3 lakhs, it also includes employer contribution.
23 April 2014
it depend on company to company.
but mostly company include in part of CTC.
but mostly company include in part of CTC.
23 April 2014
Rupesh the concept of CTC is all about cost to company. If any company doesn't include it, it only reflects poor understanding on it part.
24 April 2014
Dear Nikhil sir
the employee contribution to pf is company will deduct from his earnings and employer contribution not to be deduct from employee's salary is it correct for example employee gross salary 15000/- pm
in that employee contribution to pf is 780/- on 6500/- max wage ceiling and the remaining amount is 14220/- will be paid to employee and the employer contribution 780/- is obligation to employer and that amount will not deduct from employee earnings. Please clarify my doubt.
the employee contribution to pf is company will deduct from his earnings and employer contribution not to be deduct from employee's salary is it correct for example employee gross salary 15000/- pm
in that employee contribution to pf is 780/- on 6500/- max wage ceiling and the remaining amount is 14220/- will be paid to employee and the employer contribution 780/- is obligation to employer and that amount will not deduct from employee earnings. Please clarify my doubt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Confusion around Form 26QB fields
- Sale of property furniture sale
- Filing of Form 10BB instead of Filing Form 10B
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
