Can anybody guide whether we need to contribute PF admin for Voluntary PF contribution over and above Statutory,Any act reference if so please share.
8th July 2019 From India, Coimbatore
Administration charges is to be paid on the actual wages paid on which the PF is deducted and contributed, and, obviously, it should include the amount of salary on which voluntary PF or PF in addition to mandatory PF is paid.
9th July 2019 From India, Kannur
Dear Sir
Thanks for your response,is there any section for which i can refer.
9th July 2019 From India, Coimbatore
Please read the Provident Fund and Misc Provisions Act, 1952 and the Schemes thereto. Don't read the section what you need. That does not make sense. read the entire Act.
9th July 2019 From India, Kannur
Voluntary PF may be of two types. One where both employer and employees are contributing above the statutory limit ( as on date 15,000/- per month ) and admin charge will be on the actual PF gross say 20,000/- per month.
There are instants where employee is only contributing extra % as VPF but employer is not contributing. Say as per the above example employer is contributing 12% on 20,000/- but the employee is contributing 20% of 20,000/- i.e 8% extra as VPF.
As per para 30 of the PF scheme, admin charge will be paid on PF gross and in this case that is 20,000/-. Where as employee contribution in terms of % is more.
The same has been clarified from different PF office and the reply was to take permission before contribution, contribute no issue etc.
I have no specific clue what to do. I know some organization where only the employees are contributing extra % as VPF but not the employer and there is no scope to pay admin charge on the extra contribution of the employee's VPF as the admin charge is paid on PF gross not on % of contribution.
If any one has further clarification in this matter, please ...........................
Thanks and Regards,
S K Bandyopadhyay ( Howrah, WB)
+91 98310 81531

9th July 2019 From India, New Delhi
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