What is the percentage of voluntary provident fund in a company? How to submit the monthly contribution of the voluntary provident fund?
From where an employee can check his voluntary contribution balance?
From India, Kolkata
From where an employee can check his voluntary contribution balance?
From India, Kolkata
Dear Colleague,
If you are covered under PF Fund administered by Employees' Provident Fund Organization, then you may inform your HR for % of VPF which is called Voluntary PF. In case of VPF there is no limit in % and it is your choice. The VPF will be deducted from your payroll and it will be remitted and shown in the Portal in EPF. You can log in into the portal using your UAN number and check the status of VPF then and there. This can be done at the beginning of the Financial Year and the % normally has to continue for the entire FY.
In case if your organization maintains Exempted Trust for maintaining PF, then in that case you may inform your HR for VPF deduction and you need to get the account slip from Trust to check the PF and VPF status. Some companies link this with the Pay roll and provide slip also on line in their portal.
From India, Chennai
305If you are covered under PF Fund administered by Employees' Provident Fund Organization, then you may inform your HR for % of VPF which is called Voluntary PF. In case of VPF there is no limit in % and it is your choice. The VPF will be deducted from your payroll and it will be remitted and shown in the Portal in EPF. You can log in into the portal using your UAN number and check the status of VPF then and there. This can be done at the beginning of the Financial Year and the % normally has to continue for the entire FY.
In case if your organization maintains Exempted Trust for maintaining PF, then in that case you may inform your HR for VPF deduction and you need to get the account slip from Trust to check the PF and VPF status. Some companies link this with the Pay roll and provide slip also on line in their portal.
From India, Chennai
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VPF and PF Loans .doc
VPF.csv