himanshu.saraiya619@gmail.com
3

Respected All, My Query: Under EPF Scheme, if employee voluntarily wish to contribute more than 12% then up to what percentage he can contribute maximum. If possible please give law reference. Thanks
From India
ravi5554
427

Dear Friend, You may choose VPF option, where maximum contribution is up to 100% of his Basic Salary and Dearness Allowance. Interest is earned at the same rate as the EPF.
From India, Mumbai
Jaisal Tandel
You Can contribute 88% On Basic And DA
From India, New Delhi
himanshu.saraiya619@gmail.com
3

Dear All,
Thanks for your reply..
Every one have different answers. Is there any fixed percentage ? What is the ceiling ?
Second thing if its 100% or 8o%, than if employees deductions reaches 50 % above than his gross will it be acceptable in Minimum wage act, as act says deduction should not be more than 50% of your gross.
Please clear my doubt.

From India
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.