Dear All,
Kindly let me know the maximum limit of the voluntary provident fund one can make from employee side.. as we all know the mandatory is 12% on basic, how much more one can contribute..
Pls help me out......
From India, Pune
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Kindly let me know the maximum limit of the voluntary provident fund one can make from employee side.. as we all know the mandatory is 12% on basic, how much more one can contribute..
Pls help me out......
From India, Pune
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Dear Shalini, Upto 90% of basic + da salary (on which PF contribution made) can be done by PF Act. Regards Prashant Patil
From India, Nagpur
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13From India, Nagpur
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Hi...labour laws are written in section..not in articles....VPF is completely voluntarary....
From India, New Delhi
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From India, New Delhi
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Dear Please correct me if I am wrong, but in my opinion, the maximum you can contribute in VPF is 8% of (Basic + DA) i.e. {12% mandatory + 8% VPF = 20%} dsv
From India, Delhi
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From India, Delhi
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Hi,
Max Limit for VPF is 12%. People who are paying more will face problems during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
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Max Limit for VPF is 12%. People who are paying more will face problems during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
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Hi, if an employee would like to contribute to the Voluntary Provident Fund, he can do so up to a maximum of 12% on his basic salary + DA. However, there is no obligation on the part of the employer to contribute to the VPF opted by the employee. The employee has to give his consent for VPF, and the same has to be forwarded to EPFO for processing.
From India, Hyderabad
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From India, Hyderabad
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EPS - Wage Limit increase_01.09. 2014.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx