i am a employee in private company and want to choose one option, whether to deduct my PF by employer or to open a PPF account and deposit the same amount to that account. for an example my employer offered me 30000/- CTC and everything contain in CTC even Employer contribution too and Employer told me that its up to you that you deduct 12+12 =24% PF or not. there was something in my mind that to deposit that sum of 24% to PPF account rather deducting by employer. please suggest me. Thanks Yogesh Bansal
29 June 2013
Thank you for your reply, Kishor B yes i will choose PF as employer contribution to the extent of 12% is not part of salary, and you are right vinita madame , was also thinking the same about flexibility... Thank you again.
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