Understanding Voluntary PF Limits: Can Anyone Share the Latest Updates?

kumar jadeja
Dear sir,

What is the limit of voluntary PF? Could you please provide any relevant notifications if available? It's urgent.
Madhu.T.K
Voluntary contribution to the Employees Provident Fund refers to a higher percentage of contribution made by the employee voluntarily than the statutory rate of 12%. An employee is free to contribute 100% of his salary towards EPF. However, the employer is bound only to contribute 12% as his share.

Regards, Madhu.T.K
a.ravi.online
Dear Madhu,

For voluntary contributions towards EPF, will it attract administrative charges or not?
If yes, who will bear this?

Regards,
Ravi A.
Madhu.T.K
Administrative charges are calculated based on the PF qualifying salary, not on the rate of PF contribution. Therefore, regardless of the PF contribution rate, the admin charges remain the same, i.e., 1.1% of the salary paid/payable.

Regards,
Madhu.T.K
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute