Hi Friends, I am not clear on what is the maximum limit for VPF contribution. Can anyone explain this and is there any supporting law, circular or section of EPF act? Regards, Hrishikesh
From India, Pune
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From India, Pune
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Dear Hrishikesh,
There is no limit up to which one can opt for VPF contribution. In other words, one can contribute up to 100% of his/her Basic+DA+Cash Value of Food Concession and Retaining Allowance.
Sincerely,
Amit
From India, Delhi
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26There is no limit up to which one can opt for VPF contribution. In other words, one can contribute up to 100% of his/her Basic+DA+Cash Value of Food Concession and Retaining Allowance.
Sincerely,
Amit
From India, Delhi
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Provident fund.zip
EPS - Wage Limit increase_01.09. 2014.pdf
PROVIDENT FUND.rar