Dear All, Can body guide me what are the Voluntary Provident Fund rules. If possible can you explain with an example. Thanking you Regards Hanumanth Rao
From India, Hyderabad
From India, Hyderabad
For an employee to deduct epf contribution above the ceiling limit its called voluntary deductions.
This however is not the obligation for employer.
To start voluntary deductions the employee along with employer need to submit joint application to epfo office concerned.Once approved then only voluntary deductions can be made.
Employer however can contribute up 13% of the ceiling limit which is 15k.
From India, Vadodara
357This however is not the obligation for employer.
To start voluntary deductions the employee along with employer need to submit joint application to epfo office concerned.Once approved then only voluntary deductions can be made.
Employer however can contribute up 13% of the ceiling limit which is 15k.
From India, Vadodara
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