PF contribution
Why are both employee and employer contributions for PF deducted from the employer's salary ?
Some companies pay 12% of basic as employer contributions and some does ₹1800. How does it make a difference in overall package ? Which is beneficial?
1800 is beneficial if you can grow your money at 9% every year. But because of this your take home in increased .and so is your desire to spend it on useless things
Why are both employee and employer contributions for PF deducted from the employer's salary ?
Requesting assistance on choosing Rs. 1800 as PF amount or 12% of basic pay as PF. I know 12% of basic pay will also increase employer's share and it is good but any other thoughts and benefits with Rs. 1800 option?
P.S. i am in 30% tax...
What's the %PF contribution you make from your salary ? Is anyone aware of this percentage can be reduced?
Is 1800 deduction better or Maximum deduction 12% is better? Please elaborate your opinions.