Guide me plz

Others 1177 views 3 replies

 

I have offered CTC Rs.2 Lakhs with a Basic of Rs.8, 000/-
 
Our HR person has informed me that my Basic exceeds Rs.6, 500/- hence, PF deduction is not compulsory.
If I haven’t opted PF deduction then I can take home my salary without any deduction. 
If I have opted PF deduction, then the company’s share also will be deducted from my salary (that is CTC).
If I choose PF what benefit can I enjoy? 
If not what am I loosing?
 
Guide me plz.
Replies (3)

if u choose PF, u will get chapter VI deduction for it...thats all. If you do not chose PF u can make other investments for tax saving.

If you choose PF option and remain continue on same PF account number for 10 years and more...You are entitled for Family pension fund

go for PF, it is better option.


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