If I am paying PF contribution irrespective of employee's qualifying salary, say his basic is Rs 40.000 ,he pays 12% i.e.4800 and employer is also paying 4800 to his EPF a/c, Can I stop this practice and bring down Employer's contribution to qualifying statutory amount any time though the practice is for several years.
From India, Nagpur

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Dear Suresh, you can restrict Employer contribution to Present EPF Wage Ceiling i.e Rs15,000/-PM.As and when EPF Wage Ceiling goes up, You have to comply with the same.You can restrict with prospective Date
From India, New Delhi
Sir I wish to know that if I was paying more than statutory requirement. Can I now reduce it to 12% of 15,000 ,the limit as of now Regards Suresh
From India, Nagpur
Dear Suresh, with effect from Jan-2018 you can restrict your EPF Contribution to Present EPF Wage Ceiling i.e Rs15,000/-PM (RS1,800/- Contribution) This will be in force till EPF Wage Ceiling is increased
From India, New Delhi
My employer employees contribution is 10% each not 12%..but are consequences for serving and retirees ?
From India, Chandigarh

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