Voluntary Provident Fund contribution

J.P.Srivastava

Dear Seniors, Greetings for the day, I have a query regarding the Voluntary Provident Fund contribution under the EPF scheme.
Who are the eligible for Voluntary Provident Fund contribution, and, how many amount or percentage contribute can an employee.
26th August 2017

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kumaracme

421

With regard to VPF (voluntary provident fund) contn, those who are eligible for PF can contribute for VPF. With regard to percentage of contn, it should not exceed 50% of salary as per payment of wages act, any deductions from salary shall not exceed 50% of salary earned.
26th August 2017 From India, New Delhi

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