What're the deductions in Stipend of big 4 firms? Do they deduct PF or any other deductions?

Deductions in stipends for Big 4 firms typically include: - *Provident Fund (PF)*: 12% of the basic salary is deducted towards PF.¹ - *Professional Tax*: Deducted by the employer and deposited with the state government. As for stipend components, here's a breakdown: - *Basic Salary*: Forms the basis of other salary components. - *House Rent Allowance (HRA)*: Partially or completely exempt from taxes. - *Special Allowance*: May be fully taxable. - *Medical Insurance*: May be provided by the employer. - *Bonus*: Fully taxable. Keep in mind that stipend structures may vary across Big 4 firms. For instance, the average monthly stipend for articleship in Big 4 firms can range from ₹12,000 to ₹20,000.²