Employee wants to deposit additional Amt Rs 5000/- towards PF contribution?

One of our employee wants to deposit additional amt 5000/- towards pf contribution kindly advise possibility and how to show by employer.
27th September 2018 From India, undefined

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Glidor

632

it is not deposit account but contribution account, if employee deposit 5000 then employer also have to pay equal amount in a nut shell the basic salary will get increased by 5000*100/12 =41667 abve the normal basic salary
27th September 2018

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Employee wants to deposit additional Amt Rs 5000/- towards PF contribution?

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