{ "media_type": "text", "post_content": "Anyone knows if it's possible to get the PF amount reduced in our CTC? It's way too high in my package right now to make any sense to me.", "post_id": "6194fba0e4b27a002769fa30", "reply_count": 4, "vote_count": 0, "bowl_id": "5f0372b0eecc0b001af4c310", "bowl_name": "Consulting India" }

Anyone knows if it's possible to get the PF amount reduced in our CTC? It's way too high in my package right now to make any sense to me.

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Join companies like TCS ..they offer very less basic pay and lot of allowances so your pf contribution will be also less..But IMHO basic should be be always high your of savings will be high at the end pf amount will be tax free..with more in hand your taxable salary will be more and you will end up paying more money to government :)


It cannot be more than 12% of your basic. And your basic cannot be more than 50% of CTC. According to this your PF cannot be more than 6% of your CTC, which I think is not too much. This PF is deducted so that it can be used by you in extreme time of need or in case of retirement. Additionally the interest rate that you gain on PF is pretty good. It’s wiser not to decrease your PF component. People intentionally increase it.


I also invest in equity and mutual funds. My opinion is that you should diversify your investments. A portion in ‘high risk-high reward’ investment, another in ‘low risk-low reward’. By diversifying you reduce the risk of unexpected events. The interest rate on PF is 8.5% which is higher than inflation and also higher than similar low risk investment options.

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