Provident Fund

This query is : Resolved 

12 August 2008 Dear All

Do we take into consideration the 'employers' contribution to PF' while calculating gross salary? I mean along with basic,DA, HRA, LTA etc.

12 August 2008 No. But the term CTC(Cost to the company) definitely includes the Employer's contribution to PF also.

12 August 2008 NO but it will included if more then 12%


12 August 2008 Some companies used to include the Employer PF contribution to the gross salary as well. There is no such standard practice in prevelance.

13 August 2008 Thanks a lot everyone



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