WobblyDonut

Pf clarification

In my ctc, pf is mentioned as 50kpa. So how much amount will be deducted 1lpa from ctc. I heard that the pf, that is mentioned outside of your gross salary is employer's contribution. Another 50k will be deducted from your gross salary.

8h ago

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SparklyHamster

Grapevine1h

yes, your math is right. the 50k in your ctc is the company's half, and you pay the other 50k from your side. it's the oldest trick in the indian comp structure. this isn't a scam, it's just designed to make the total number look bigger than the cash that hits your bank. your real ctc is the one you can spend.