Pf Contribution - Doc Download - Pf Contributions

Dear all,

Can anybody tell me if anyone wants to contribute more than 12% of their basic in PF? If yes, what is the procedure for that? Also, what amount would be deducted from the tax calculation?

Hi,

If you want to contribute more than 12%, you need to fill out form VPF (VOLUNTARY CONTRIBUTION). You can contribute up to 100% with no tax deduction.

Dear all,

Can anybody tell me if anyone wants to contribute more than 12% of their basic in PF? If yes, what is the procedure for that, and how much amount would be deducted from the tax calculation?

Thank you, but can you please provide the VPF Form number or the format in which the application should be submitted? Also, to whom should the application be addressed? Do we need to obtain prior permission from the PF office?

Hi Jeene,

Can you tell if one contributes higher, then does one have to continue with the same higher percentage, or can one come back to 12%? I mean, what and how is the flexibility?

Thanks & Regards,
Jeene

Hi,

Please find attached the VPF form.

Thanks,
Promila

Some companies maintain trusts. Meetings are held annually by the Board of Directors (BoD) of their trusts.

Does an employee of such companies need to get the approval of the BoD for making a voluntary decision about their own income in VPF?

Hi, we are using E-tool software to calculate PF monthly returns, and we need to include Voluntary PF Contributions. Please guide me on how to process VPF monthly returns in the E-Tool software.

Regards,
Dhruvakumar

Hi, This is SM Dhulipala, Sr. HR & Admin Manager of a BPO Co.

My query is whether there is any provision in the EPF scheme to subscribe after one or two years of joining the company. Presumably, due to employees leaving the company within their initial months, the management is considering allowing employees to subscribe to the PF fund after a year or two. Is this legally correct?

Mr. Dhulipala,

It is not correct and illegal if the employee is coming under the purview of PF; then you have to deduct PF from the very first day of joining.

Hi Sir, Could you please share the VPF PowerPoint (PPT) file.

I want to know how to prepare ECR of VPF. Can anybody help me regarding this and send a sample of VPF ECR?

Thanks