Hi, Can there is any such document where it is mentioned that we have to deduct admin Charges on VPF over and above PF. Regards, Anand
From India, New Delhi
From India, New Delhi
NO, ADMIN CHARGES NOT APPLICABLE ON VOLUNTARY PF VIKRAM TRIVEDI PF ESIC CONSULTANT Mob:8898841995
From India, Mumbai
From India, Mumbai
Dear Anand ji,
Administrative charges are payable on pay (i.e. Basic, DA & RA) and not on PF / VPF amount. This pay on which administrative charges are payable, is a pay to other than excluded employees. This means the pay is kon which PF/VPF is deducted.
You are requested to refer the explanation to Para 30 of EPF scheme.
From India, Mumbai
Administrative charges are payable on pay (i.e. Basic, DA & RA) and not on PF / VPF amount. This pay on which administrative charges are payable, is a pay to other than excluded employees. This means the pay is kon which PF/VPF is deducted.
You are requested to refer the explanation to Para 30 of EPF scheme.
From India, Mumbai
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