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hr-dept1
Hello CiteHR, Can an employee increase his volunteer contribution?
From India
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Saswatabanerjee
Partner - Risk Management
Vmlakshminarayanan
Agm - Hr&admin

vmlakshminarayanan
919

Hi, For VPF, there is no limitation of minimum or maximum investment. However, the maximum investment in EPF and VPF together is limited to 100% of one’s basic salary and dearness allowance
From India, Madras
saswatabanerjee
2383

In addition to the above, under Payment of Wages Act, maximum deduction from Gross Wages (for all purposes) can not exceed 50% of gross salary (75% if he is also contributing to dues to a coop society of the employees)
From India, Mumbai
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