Dear Sir,
I am working as an HR Associate in an engineering industry. My employees are availing the facility of P.F.(12%). One of our employee is asking for his voluntary contribution of p.f. 12%. In this regard please help me to get the below doubts clarified.
1. To what extent of % is the voluntary contribution possible.
2.For eg: If there is possibility of providing 24% from the employee side, should the employer also contribute 24%.
3. If the above points are applicable please guide the terms & conditions along with the forms and formats.
Pl help me in this regard.
With regards,
Dinesh K.T.
I am working as an HR Associate in an engineering industry. My employees are availing the facility of P.F.(12%). One of our employee is asking for his voluntary contribution of p.f. 12%. In this regard please help me to get the below doubts clarified.
1. To what extent of % is the voluntary contribution possible.
2.For eg: If there is possibility of providing 24% from the employee side, should the employer also contribute 24%.
3. If the above points are applicable please guide the terms & conditions along with the forms and formats.
Pl help me in this regard.
With regards,
Dinesh K.T.