Dear All,
Kindly let me know the maximum limit of the voluntary provident fund one can make from employee side.. as we all know the mandatory is 12% on basic, how much more one can contribute..
Pls help me out......
From India, Pune
Kindly let me know the maximum limit of the voluntary provident fund one can make from employee side.. as we all know the mandatory is 12% on basic, how much more one can contribute..
Pls help me out......
From India, Pune
Dear Shalini, Upto 90% of basic + da salary (on which PF contribution made) can be done by PF Act. Regards Prashant Patil
From India, Nagpur
7From India, Nagpur
Hi...labour laws are written in section..not in articles....VPF is completely voluntarary....
From India, New Delhi
From India, New Delhi
Dear Please correct me if I am wrong, but in my opinion, the maximum you can contribute in VPF is 8% of (Basic + DA) i.e. {12% mandatory + 8% VPF = 20%} dsv
From India, Delhi
From India, Delhi
Hi,
Max Limit for VPF is 12%. People who are paying more will face problems during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
Max Limit for VPF is 12%. People who are paying more will face problems during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
Hi, If employee would like to contribute voluntary provident fund he can do so up to maximum 12% on his basic +da. However, there is no obligation on the part of employer to contribute on VPF opted by employee. The employee has to give his consent for VPF and same has to be forwarded to EPFO for processing the same.
From India, Hyderabad
From India, Hyderabad
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EPS - Wage Limit increase_01.09. 2014.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx