Trending @Accenture; PF with Accenture

I had only assigned PF as fixed till now which is Rs 1800 every month. I would like to make PF as Y which will be some 1 lakh every year. I know for sure that there is an employer contribution also. May I know if this employer contribution also is taken from employee's salary?

23mo ago

GoofyPickle

TCS

23mo

PF employee and employer contribution is from your CTC only.

BouncyJellybean

Accenture

23mo

You mean employer contribution is also taken from Employee's CTC? For example if my CTC is 25L, employee contribution is 1L and employer CTC is also 1L, then will my Taxable salary be 23L? Just want to be 100% sure on my understanding