Hi,
Can anybody will help me understand that, what is the maximum limit for VPF, for example employee's basic salary is Rs.60,000/- per month, in this case, what is the max. contribution to VPF?
From India, Mumbai
Can anybody will help me understand that, what is the maximum limit for VPF, for example employee's basic salary is Rs.60,000/- per month, in this case, what is the max. contribution to VPF?
From India, Mumbai
Dear, There is no any maximum limit, you can opt for 100% after deducting 12% from salary. All balance value with your salary you may opted as VPF.
From India, Delhi
62From India, Delhi
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EPS - Wage Limit increase_01.09. 2014.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx