Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Hiii cite HR users,
Please let me know that what is the maximum limit of vpf employee side. how ever the employer pf limit will same as 12%.
But somebody tells that there is no bar of employee vpf. employee can contribute 100% of their basic wage. and somebody telling employee vpf% is 24 %, 36% respectively.
we have one employee whose basic more than 6500. he was previously contributing 24%. Now he urging to contribute the 100% of pf basic wage ceiling.
Its my strong urge to you to guide me about it. if there is any pf amendment notice so please show it regarding employee vpf.
please do soon it. i am in immense need.
Thanks
Please let me know that what is the maximum limit of vpf employee side. how ever the employer pf limit will same as 12%.
But somebody tells that there is no bar of employee vpf. employee can contribute 100% of their basic wage. and somebody telling employee vpf% is 24 %, 36% respectively.
we have one employee whose basic more than 6500. he was previously contributing 24%. Now he urging to contribute the 100% of pf basic wage ceiling.
Its my strong urge to you to guide me about it. if there is any pf amendment notice so please show it regarding employee vpf.
please do soon it. i am in immense need.
Thanks
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Dear Mr. Vikas Khatter, Voluntary contribution to EPF is subject to the descretion of Regional PF Commissioner. Kindly contact him. Abbas.P.S
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.
Add the url of this thread if you want to cite this discussion.
Listed Under pf basic pf amendment basic wage City-India-Chandigarh Country-India
EPS - Wage Limit increase_01.09. 2014.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx
Cite hr.zip
