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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
From India, Chandigarh
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
From India, Chandigarh
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#Listed In: 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
