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
From India, Pune
Dear Hrishikesh,
There is no limit upto which one can opt for VPF contribution. In other words, one can contribute upto 100 % of his/her Basic+DA+Cash Value of Food Concession and Retaining Allowance.
Sincerely,
Amit
From India, Delhi
26There is no limit upto which one can opt for VPF contribution. In other words, one can contribute upto 100 % of his/her Basic+DA+Cash Value of Food Concession and Retaining Allowance.
Sincerely,
Amit
From India, Delhi
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