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01/09/2014 , Can employers entire portion of contribution goes to EPS. - CiteHR

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jitensheth
hi all member i would like to know and make sure for employee who has joined after 01/09/2014 , Can employers entire portion of contribution goes to EPS.. if yes so send me its circular or GR which is published by epfo, India..
From India, Surat
Aniket Pathak
94

Dear Jiten, The answer to your question is no.
From India, Pune
Aniket Pathak
94

But if you came across any such case that off course can be discussed.
From India, Pune
Guna Sekar
Your whole contribution cannot pay under EPS. However, If you want to save for future you can augment your contributing percentage from 12% to next ceiling level. Moreover, company contribution remains same whether you pay 12% or more.
In my own opinion, Try to save rather than rely on PF saving method.

From India, Chennai
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