GreatHeartache

Should i keep Rs. 1800 as fixed PF amount or go back to 12% of Basic Pay as PF?

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 bracket

5mo ago

Equitymaster

Stealth5mo

Go for 12% of basic PF + additional 10% of basic in NPS for tax saving if you are in 30% bracket. Unless you think you are smart enough to outperform the stock market in long run by good margin.

Discover more

Curated from across

FittingBrisketCognizant3mo

MinPF vs MaxPF

Is 1800 deduction better or Maximum deduction 12% is better? Please elaborate your opinions.

ReasonableEvaluationDeloitte20d

PF is less even the kg is high

Recently I got offer from a small product based company, offered salary is 1.5 fixed and 10-15% variable but the monthly pf is just 1800. Why they are cutting less PF,it should be 12% of salary. What should I do?

3.7K views

KarvepakStealth10mo

Ideas to lower income tax

It’s so painful to see the amount of money I end up paying on the name of tax. Presently doing - 1.5L of LIC and pf + 50k NPS + HRA. What else can be done? My CTC is 55LPA.

RaghsTCS6mo

Info on Tax Saving

I have very few knowledge on Tax. So sharing my queries here. Kindly guide me

In my Apr month salary slip I got to know about this.

Annual Income - 7,67,xxx Net Tax Income - 7,17,xxx (After deduction 50k) Tot. Tax payable - 17,xxx Tax...

thecsguyStealth2mo

Noticed in payslip- PF Employer is being deducted from my pay. Why?

In my payslip I see both pf employee and employer. Ideally 1800 should be deducted from my salary so why is 1800*2 is being deducted. Looks like I am paying for the employers share of contributions too. Why so ?

2.4K views

Or get it on the stores.

Privacy Terms

Guidelines Help